GBP/USD: bulls tested Cloud’s resistance

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Technical levels: support – 1.2850; resistance – 1.2910.

Trade recommendations:

  1. Sell — 1.2840; SL — 1.2860; TP1 — 1.2780; TP2 — 1.2750.

Reason: bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen under the Cloud; the market can’t breaking out the Cloud’s resistance.

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