GBP/USD: pound still strong

Read the article on FBS website

Technical levels: support – 1.3060; resistance – 1.3170.

Trade recommendations:

  1. Buy — 1.3060; SL — 1.3040; TP1 — 1.3170; TP2 — 1.3240.

Reason: bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are reached the main 4H’s resistance and may correct to Tenkan-sen or Kijun-sen before continuing uptrend.

02-gbpusdh4.png

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.