Last week brought a selloff in markets. Some assets reached the most crucial support levels and are likely to reverse in a short term. Be ahead of trends and make the most out of this week!
GBP/USD: pound inside a Cloud
2019-11-11 • Updated
Technical levels: support – 1.3310; resistance – 1.3400.
- Sell — 1.3390; SL — 1.3410; TP1 — 1.3310; TP2 — 1.3280.
Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with a rising Kijun-sen; the market entered inside a Cloud in the correctional movement and may test SSB’s resistance soon.
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