GBP/USD: pound is looking for support of SSB

GBP/USD: pound is looking for support of SSB

2019-11-11 • Updated

Technical levels: support – 1.2360; resistance – 1.2450, 1.2500.

Trade recommendations:

1. Buy — 1.2360/70; SL — 1.2340; TP1 — 1.2450; TP2 — 1.2500.

Reason: bullish Ichimoku Cloud; Tenkan-sen and Kijun-sen on the correctional movement; the prices are entered into the Cloud.

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