GBP/USD: pound may continue downtrend
Technical levels: support – 1.3215; resistance – 1.3340.
Trade recommendations:
- Sell — 1.3340; SL — 1.3360; TP1 — 1.3215; TP2 — 1.3170.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen; the prices on 3W lows and the Bears may going lower.