AUD/NZD experienced an impressive rally since the end of March.
GBP/USD: pound on support of Tenkan-Kijun
Technical levels: support – 1.2900; resistance – 1.2960.
1. Buy — 1.2900; SL — 1.2880; TP1 — 1.2950; TP2 — 1.2980.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; an irregular dead cross of Tenkan-sen and Kijun-sen; the prices are on the support of the lines Tenkan-sen and Kijun-sen; the market is in consolidation, may go lower to the Cloud.
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…