GBP/USD: pound supported by Kijun-sen

GBP/USD: pound supported by Kijun-sen

Technical levels: support – 1.3230; resistance – 1.3340.

Trade recommendations:

  1. Buy — 1.3230; SL — 1.3210; TP1 — 1.3340; TP2 — 1.3375.

Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are returned to Kijun-sen in a correctional movement.




Levels to trade EUR/USD

EUR/USD met resistance in the 1.1415 area. The pair’s advance in the recent days was quite rapid, so it might be hard for the euro to retain the bullish momentum.

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