The NZD/JPY pair is now poised to exit the Kumo. If that happens, the currency pair will enter into a new bearish sentiment.
GBP/USD: pound entered inside Cloud
Technical levels: support – 1.3140, 1.3040; resistance – 1.3240/60.
- Sell — 1.3240; SL — 1.3260; TP1 — 1.3140; TP2 — 1.3040.
Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the prices are entered inside a Cloudy area and may bounce down from SSB’s resistance.
Gold is steadily plummeting for the third consecutive day. Where is the bottom? Let’s find out.
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