GBP/USD: prices are fixed on Cloud

GBP/USD: prices are fixed on Cloud

2019-11-11 • Updated

Technical levels: support – 1.2480; resistance – 1.2530, 1.2580.

Trade recommendations:

1. Buy — 1.2480; SL — 1.2460; TP1 — 1.2530; TP2 — 1.2580.

Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a weak dead cross of Tenkan-sen and Kijun-sen; rising Tenkan-sen; the prices are in the support of Senkou Span A.

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