GBP/USD: pound is on Kijun’s support

GBP/USD: pound is on Kijun’s support

Technical levels: support –  1.3180; resistance – 1.3280.

Trade recommendations:

  1. Buy — 1.3200; SL — 1.3180; TP1 — 1.3280; TP2 — 1.3350.

Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising lines; the prices are on the support of 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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