USD/TRY has moved sharply down this week falling to the support line since the end of November.
GBP/USD: pound may go higher
Technical levels: support – 1.2980; resistance – 1.3040.
- Buy — 1.3000; SL — 1.2980; TP1 — 1.3040; TP2 — 1.3090.
Reason: bullish Ichimoku Cloud with rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are supported by Senkou Span A.
The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
AUD/CAD falling inside impulse waves 3 and (C) Next sell target - 0…