GBP/USD: pound is under SSA yet

GBP/USD: pound is under SSA yet

Technical levels: support – 1.3130; resistance – 1.3200, 1.3240.

Trade recommendations:

  1. Sell — 1.3200; SL — 1.3220; TP1 — 1.3130; TP2 — 1.310.

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are growing up along Senkou Span A and reached the resistance of Tenkan-sen and Kijun-sen.

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gbp

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USD/JPY: dollar will continue downtrend

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the market corrected to Kijun-sen and ready to continue existing downtrend.

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