GBP/USD: pound going to last week highs

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Technical levels: support – 1.4200; resistance – 1.4280, 1.4390.

Trade recommendations:

  1. Buy — 1.4280; SL — 1.4260; TP1 — 1.4390; TP2 — 1.4470.

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices returned into the positive area and may continue uptrend.

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