GBP/USD: bulls got a strength for correction
Technical levels: support – 1.3140; resistance – 1.3270.
Trade recommendations:
- Sell — 1.3270; SL — 1.3290; TP1 — 1.3190; TP2 — 1.3140.
Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen; a market testing Cloud’s resistance; waiting for downtrend’s continue.