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!
GBP/USD: pound will continue downtrend
2019-11-11 • Updated
Technical levels: support – 1.2670; resistance – 1.2830.
- Sell — 1.2780; SL — 1.2800; TP1 — 1.2700; TP2 — 1.2670.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the market returned to 3W lows and may continue downtrend.
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