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Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for January 22nd, 2016 GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1), but the lines are getting closer to each other below Kumo Cloud. Ichimoku Cloud continues heading down (2); Chinkou Lagging Span is on the chart. Short-term forecast: we can expect resistance from D Tenkan-Sen and support from Tenkan-Sen, and then attempts of the price to stay inside the cloud. GBP USD, Time

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