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Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 17, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for November 17th, 2015 GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other inside Kumo Cloud (1); Tenkan-Sen is directed downwards. Ichimoku Cloud is heading down (2), Chinkou Lagging Span is above the chart, and the price is moving inside Kumo. Short-term forecast: we can expect support from W Senkou Span A, and growth of the price towards the cloud’s upper border and D Kijun-Sen. GBP USD, Time

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