Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GBP/USD: pound in correction to Kijun
2022-04-15 • Updated
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.
GBP/USD has managed to rise for the third trading day in a row including today’s Asian session, while the daily technical indicators are moving higher gradually.
Discover the outlook for EUR/USD, EUR/GBP, and GBP/USD.
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