Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for December 4th, 2015 GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are intersecting below Kumo Cloud and forming “Golden Cross” (1). Ichimoku Cloud is heading down (2); Chinkou Lagging Span is above the chart. Short-term forecast: we can expect resistance from the cloud’s upper border. GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Golden Cross” (1).

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