GBP/USD: pound on new highs

Read the article on FBS website

Technical levels: support – 1.2790, 1.2700; resistance – 1.2900.

Trade recommendations:

1. Buy — 1.2800; SL — 1.2780; TP1 — 1.2880; TP2 — 1.2900.

Reason: bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the prices are on the local support; but the market is overbought.

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.