GBP/USD: pound is going to 5-W highs
Technical levels: support – 1.2500, 1.2450; resistance – 1.2550.
Trade recommendations:
1. Sell — 1.2550; SL — 1.2570; TP1 — 1.2500; TP2 — 1.2450.
Reason: expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Kijun-sen; the prices are under daily resistance.