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Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for November 19th, 2015 GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are forming “Golden Cross” (1) inside Kumo Cloud. Ichimoku Cloud is heading up (2), Chinkou Lagging Span is above the chart, and the price is near Kumo’s upper border. Short-term forecast: we can expect support from Kijun-Sen, and growth of the price towards the cloud’s upper border. GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen

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