GBP/USD: pound is going to SSB

GBP/USD: pound is going to SSB

Technical levels: support – 1.3270; resistance – 1.3340.

Trade recommendations:

  1. Sell — 1.3340; SL — 1.3360; TP1 — 1.3270; TP2 — 1.3240.

Reason: narrowing bearish Ichimoku Cloud, rising Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen and  Kijun-sen; the prices are going to Senkou Span B after supported by Kijun-sen.

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gbp

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USD/JPY: dollar made new lows

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the market made new lows, but there is a strong support on 111.00.

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