The Pound has consolidated yesterday under the Tenkan-Sen and Kijun-Sen. All attempts of the bulls to returning prices to the cloud are failed. And this morning we see the forming of a new dead cross. Therefore, the downward trend in the near future may be continued.
Technical levels: support – 1.3070, 1.3100; resistance – 1.3170.
Trade recommendations:
1. Sell — 1.3170; SL — 1.3190; TP1 — 1.3060; TP2 — 1.3010.
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Origin: FX BAZOOKA
