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 is under main resistance
2019-11-11 • Updated
Technical levels: support – 1.3160; resistance – 1.3230.
- Sell — 1.3210; SL — 1.3230; TP1 — 1.3160; TP2 — 1.3110.
Reason: bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, the rising lines; but the market is under strong daily resistance.
This article will analyze the possible scenarios for the EU, and what's more important, look at the charts. There is a lot to see, let's go!
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