GBP/USD: Bears eased the pressure
Tatiana Norkina, FBS analyst
Currency pair rebounded from recent lows and became adjusted. During yesterday's trading buyers who reduced prices with the support of Tenkan and Kijun in 1.5070/80 were active. As a result, trades have moved to the area of cloudiness, securing sideways market conditions. Under these conditions, trade in this pair will be quite risky, but you can try to be on the side of the bulls to the upper limit of the four-hour Ichimoku cloud.
Technical levels: support - 1.5140, 1.5070 / 80; resistance - 1.5270.
1. Buy - 1.5140; SL - 1.5120; TP1 - 1.5250; TP2 - 1.5270.