GBP/USD: GBP is weak again
On the daily chart of GBP/USD, bears managed to pull the pair to the bottom line of the triangle.
GBP/USD: uptrend is actual yet
Technical levels: support – 1.4080; resistance – 1.4180, 1.4250.
Trade recommendations:
- Buy — 1.4130; SL — 1.4110; TP1 — 1.4180; TP2 — 1.4250.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the narrowing channel Tenkan-Kijun; the prices returned into the cloudy area.
Tatyana Norkina
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