GBP/USD: pound can’t breaking SSB’s resistance

GBP/USD: pound can’t breaking SSB’s resistance

Technical levels: support – 1.3110; resistance – 1.3180.

Trade recommendations:

  1. Sell — 1.3100; SL — 1.3120; TP1 — 1.3050; TP2 — 1.3010.
  2. Buy — 1.3150; SL — 1.3130; TP1 — 1.3260; TP2 — 1.3300.

Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the prices are inside of a Cloud and under pressure of SSB’s resistance.

02-gbpusdh4.png

gbp

Similar

USD/JPY: dollar is overbought

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the prices are under the strong resistance near 113.50/60 and the market is overbought.

GBP/USD: pound returned to Cloud

Bearish Ichimoku Cloud, rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices in a cloudy area but there is a strong support on 1.3380.

Popular

EUR/USD: "Double Top" pattern

Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975...

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera