GBP/USD: pound in green zone
Technical levels: support – 1.3930; resistance – 1.4010.
Trade recommendations:
- Buy — 1.3940; SL — 1.3920; TP1 — 1.4010; TP2 — 1.4070.
Reason: narrowing bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices returned to the positive area and the Bulls looks strong to continue market’s growing.