GBP/USD: pound growing in positive area
Technical levels: support – 1.4060; resistance – 1.4140.
Trade recommendations:
- Buy — 1.4060; SL — 1.4040; TP1 — 1.4140; TP2 — 1.4170.
Reason: cancelled bearish Ichimoku Cloud with rising Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with rising lines; the market had returned to positive zone and may continue uptrend from the Senkou Span A’s levels.