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 – 1.3270; resistance – 1.3340.
- Buy — 1.3270; SL — 1.3250; TP1 — 1.3340; TP2 — 1.3375.
Reason: narrowing bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen; a market is growing inside a Cloud.
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