Recommendation: BUY 0…
GBP/USD: pound fixed above Cloud
Technical levels: support – 1.3240; resistance – 1.3340.
- Buy — 1.3280; SL — 1.3260; TP1 — 1.3340; TP2 — 1.3380.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a strong golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices was fixed above a Cloud and Tenkan-sen and may go higher to 1.3340.
USD/JPY has posted slight gains in the first half of past week as political tumult over Trump's obstruction of justice subsided…
We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.
Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…