GBP/USD: the Bulls are still strong

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Technical levels: support – 1.4150; resistance – 1.4200, 1.4250.

Trade recommendations:

  1. Buy — 1.4170/80; SL — 1.4150; TP1 — 1.4250; TP2 — 1.4290.

Reason: bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a golden cross of Tenkan-sen and Kijun-sen with the horizontal lines; the market is going to local highs.

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