GBP/USD: pound supported by Senkou Span A

GBP/USD: pound supported by Senkou Span A

2022-04-15 • Updated

Technical levels: support – 1.4070; resistance – 1.4180, 1.4210.

Trade recommendations:

  1. Buy — 1.4150; SL — 1.4130; TP1 — 1.4210; TP2 — 1.4270.

Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the narrowing channel Tenkan-Kijun; the prices supported by Senkou Span A and returned to Kijun-sen.

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