GBP/USD: market supported by Cloud again

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Technical levels: support – 1.2960; resistance – 1.3070.

Trade recommendations:

  1. Buy — 1.2980; SL — 1.2960; TP1 — 1.3070; TP2 — 1.3150.

Reason: narrow bullish Ichimoku Cloud; horizontal Senkou Span A, but rising Senkou Span B; an irregular dead cross of Tenkan-sen and Kijun-sen over the Cloud; the prices are supported by Cloud and may go higher.

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