The NZD/JPY pair is now poised to exit the Kumo. If that happens, the currency pair will enter into a new bearish sentiment.
GBP/USD: pound supported by Kijun-sen
2019-11-11 • Updated
Technical levels: support – 1.4040/50; resistance – 1.4140.
- Buy — 1.4060; SL — 1.4040; TP1 — 1.4140; TP2 — 1.4170.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are on the support of Kijun-sen.
AUD/JPY is now testing the key resistance at 74.600. Jump in for the fresh analysis!
GBP/USD is trading above the key pivot point level. Further bullish momentum will trigger the market to 1.2940.
Boosted by positive vibes from the Brexit talks, the GBP goes all-out against the USD and the EUR. We'll see for how long.