GBP/USD: pound under main resistance

GBP/USD: pound under main resistance

Technical levels: support – 1.3380; resistance – 1.3500.

Trade recommendations:

  1. Sell — 1.3500; SL — 1.3520; TP1 — 1.3430; TP2 — 1.3380.

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; the rising lines Tenkan-sen and Kijun-sen; the prices made new highs but there is strong daily resistance on 1.3500 – expecting the correctional movement.

02-gbpusdh4.png

gbp

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