Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for November 11th, 2015 GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1); W Senkou Span A provided resistance. Ichimoku Cloud is heading down (2), Chinkou Lagging Span is getting closer to the chart, and the price is still between Tenkan-Sen and Kijun-Sen. Short-term forecast: we can expect support from Tenkan-Sen and another resistance from W Senkou Span A. GBP USD, Time Frame H1.

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