This article will analyze the possible scenarios for the EU, and what's more important, look at the charts. There is a lot to see, let's go!
GBP/USD: pound on daily Cloud’s support
2019-11-11 • Updated
Technical levels: support – 1.3900; resistance – 1.3975.
- Buy — 1.3940; SL — 1.3920; TP1 — 1.4035; TP2 — 1.4070.
Reason: expanding bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the market made new local lows, but it’s extremely oversold.
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