GBP/USD: pound reached Senkou Span A

GBP/USD: pound reached Senkou Span A

Technical levels: support – 1.3150; resistance – 1.3240.

Trade recommendations:

  1. Sell — 1.3200; SL — 1.3220; TP1 — 1.3130; TP2 — 1.3100.

Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the prices are growing up to Senkou Span A, but there is a strong resistance.

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gbp

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Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Kijun-sen; the market supported by Tenkan-sen and it will continue the uptrend.

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Expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are a tested the main daily resistance, but the market needs a correction.

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