Last week brought a selloff in markets. Some assets reached the most crucial support levels and are likely to reverse in a short term. Be ahead of trends and make the most out of this week!
GBP/USD: pound will test SSB’s resistance
2019-11-11 • Updated
Technical levels: support – 1.2700; resistance – 1.2940
- Sell — 1.2940; SL — 1.2960; TP1 — 1.2860; T2 — 1.2800.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with narrow channel Tenkan-Kijun; the prices are growing inside a Cloud but the Bulls may stopped by SSB’s resistance.
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