GBP/USD: pound returned to SSB

Read the article on FBS website

Technical levels: support – 1.3770; resistance – 1.3900.

Trade recommendations:

  1. Sell — 1.3880; SL — 1.3900; TP1 — 1.3770; TP2 — 1.3680.
  2. Buy — 1.3920; SL — 1.3900; TP1 — 1.3990; TP2 — 1.4040.

Reason: bearish Ichimoku Cloud with rising Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are in the negative area and had returned to SSB’s resistance.

02-gbpusdh4.png

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.