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 going lower
Technical levels: support – 1.3380, 1.3240; resistance – 1.3450.
- Sell — 1.3450; SL — 1.3470; TP1 — 1.3380; TP2 — 1.3340.
Reason: bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling lines; the market breaking down the main daily supports and will continue the downtrend.
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