GBP/USD: pound will test SSA

GBP/USD: pound will test SSA

Technical levels: support – 1.3100; resistance – 1.3150.

Trade recommendations:

  1. Sell — 1.3150; SL — 1.3170; TP1 — 1.3100; TP2 — 1.3075.

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are under the resistance of Senkou Span A.

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gbp

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USD/JPY: dollar will continue downtrend

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the market corrected to Kijun-sen and ready to continue existing downtrend.

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