GBP/USD: pound in positive mood

GBP/USD: pound in positive mood

2019-11-11 • Updated

Technical levels: support – 1.3040; resistance – 1.3100, 1.3170.

Trade recommendations:

  1. Buy — 1.3040; SL — 1.3020; TP1 — 1.3100; TP2 — 1.3170.

Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices returned to positive area and can be fixed above the Cloud.

02-gbpusdh4.png

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