GBP/USD: pound made new lows

GBP/USD: pound made new lows

Technical levels: support – 1.3040; resistance – 1.3140.

Trade recommendations:

  1. Sell — 1.3140; SL — 1.3160; TP1 — 1.3040; TP2 — 1.2920.

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen; the market made a new lows and will continue downtrend after correction to Tenkan-sen.




BTC/USD: a top?

It seems that BTC/USD formed a “double top” after it had met resistance at the 61.8% of the 2017-2018 decline in the 13,500 area.

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