The pair is greatly influenced by the constant changes in global risk sentiment as well as the policy of the central banks.
GBP/USD: pound on 1Y-lows
Technical levels: support – 1.2920, 1.2860; resistance – 1.3000.
- Sell — 1.2940; SL — 1.2960; TP1 — 1.2860; TP2 — 1.2840.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen and expanding channel Tenkan-Kijun; a market is on the levels of Sept. 2017.
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…