It seems that BTC/USD formed a “double top” after it had met resistance at the 61.8% of the 2017-2018 decline in the 13,500 area.
GBP/USD: The Bulls attacking SSB’s resistance
Technical levels: support – 1.3040; resistance – 1.3160.
- Sell — 1.3140/50; SL — 1.3170; TP1 — 1.3040; TP2 — 1.2920.
- Buy — 1.3170; SL — 1.3150; TP1 — 1.3250; TP2 — 1.3270.
Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but the lines are horizontal; the market grown to resistance of Senkou Span B but the main daily trend is bearish.
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
GBP/JPY reversed from resistance zone Next sell target - 149…
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...