GBP/NZD reversed from support zone Next buy targets - 1…
GBP/USD: pound in correction to Kijun
Technical levels: support – 1.3380; resistance – 1.3500.
- Buy — 1.3380; SL — 1.3360; TP1 — 1.3470; TP2 — 1.3500.
Reason: expanding bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the market is in correction phase and may testing Kijun’s support.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…