GBP/USD: pound returned to Cloud

GBP/USD: pound returned to Cloud

Technical levels: support – 1.3040; resistance – 1.3215.

Trade recommendations:

  1. Sell — 1.3170/80; SL — 1.3200; TP1 — 1.3070; TP2 — 1.3040.

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span; a dead cross of Tenkan-sen and Kijun-sen; the prices returned to resistance of Senkou Span A, but may continue existing downtrend.





EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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