GBP/USD: pound fixed above Cloud

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Technical levels: support – 1.3240; resistance – 1.3340.

Trade recommendations:

  1. Buy — 1.3280; SL — 1.3260; TP1 — 1.3340; TP2 — 1.3380.

Reason: expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a strong golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices was fixed above a Cloud and Tenkan-sen and may go higher to 1.3340.

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