GBP/USD: breakdown of support
Technical levels: support – 1.3200, 1.3090; resistance – 1.3280.
Trade recommendations:
- Sell — 1.3190; SL — 1.3210; TP1 — 1.3090; TP2 — 1.3050.
Reason: expanding bearish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen and Kijun-sen; the prices are breakdown the main support of the Cloud and entered into the negative area.