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Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for December 16th, 2015 GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1). Ichimoku Cloud is heading up (2), Chinkou Lagging Span is below the chart, and the price is below the lines. Short-term forecast: we can expect resistance Senkou Span B, and decline of the price. GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud

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