GBP/USD: pound in negative area

GBP/USD: pound in negative area

2022-04-15 • Updated

Technical levels: support – 1.3770; resistance – 1.3870.

Trade recommendations:

  1. Sell — 1.3860/70; SL — 1.3900; TP1 — 1.3770; TP2 — 1.3680.

Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen; the prices are entered into negative area.

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