Last week brought a selloff in markets. Some assets reached the most crucial support levels and are likely to reverse in a short term. Be ahead of trends and make the most out of this week!
GBP/USD: pound supported by Kijun-sen
2019-11-11 • Updated
Technical levels: support – 1.3070; resistance – 1.3130
- Buy — 1.3070; SL — 1.3050; TP1 — 1.3130; T2 — 1.3180.
Reason: expanding bullish Ichimoku Cloud but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the market was supported by Kijun-sen and may continue uptrend.
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!
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