GBP/USD: The Bulls attacking SSB’s resistance

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Technical levels: support – 1.3040; resistance – 1.3160.

Trade recommendations:

  1. Sell — 1.3140/50; SL — 1.3170; TP1 — 1.3040; TP2 — 1.2920.
  2. Buy — 1.3170; SL — 1.3150; TP1 — 1.3250; TP2 — 1.3270.

Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but the lines are horizontal; the market grown to resistance of Senkou Span B but the main daily trend is bearish.

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