GBP/USD: pound in green zone

GBP/USD: pound in green zone

2019-11-11 • Updated

Technical levels: support – 1.3930; resistance – 1.4010.

Trade recommendations:

  1. Buy — 1.3940; SL — 1.3920; TP1 — 1.4010; TP2 — 1.4070.

Reason: narrowing bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices returned to the positive area and the Bulls looks strong to continue market’s growing.

02-gbpusdh4.png

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