NZD/USD made a confident rebound during the recent two weeks.
GBP/USD: pound looking for new highs
Technical levels: support – 1.3280; resistance – 1.3330.
- Buy — 1.3310; SL — 1.3290; TP1 — 1.3400; TP2 — 1.3480.
Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Kijun-sen; the market supported by Tenkan-sen and it will continue the uptrend.
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...