Recommendation: BUY 0…
GBP/USD: pound supported by SSB
Technical levels: support – 1.3030; resistance – 1.3140.
- Buy — 1.3040; SL — 1.3020; TP1 — 1.3110; TP2 — 1.3140.
Reason: narrowing bullish Ichimoku Cloud with falling Senkou Span A; a new correctional dead cross of Tenkan-sen and Kijun-sen; the prices entered into the Cloud but supported by Senkou Span B.
The last consolidation resulted in a massive bullish rally. Finally, the price faced resistance at 1.1365, so bears are likely going to...
The 55 Moving Average has acted as a resistance, so there’re a “Shooting Star” and a “Doji”.
GBP/CHF broke pivotal resistance level 1…