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Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 24, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for October 23rd, 2015 GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other above Kumo Cloud (1). Ichimoku Cloud is heading up (2), Chinkou Lagging Span is below the chart, and the price is inside Kumo. Short-term forecast: we can expect support from D Tenkan-Sen, resistance from the cloud’s upper border, and then decline of the price inside Kumo. GBPUSD, Time Frame H1. Indicator signals: Tenkan-Sen

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