GBP/USD Forecast: bullish market recover positions

gbp3Technical levels: support – 1.3160; resistance – 1.3240.

Trade recommendations:

  1. Buy — 1.3150/60; SL — 1.3140; TP1 — 1.3240; TP2 — 1.3290.

Reason: bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are grown to highs of previous week and in positive zone again.

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