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Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for January 29th, 2016 GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Ichimoku Cloud is heading up (2), Chinkou Lagging Span is above the chart, and the price is near Kumo’s upper border, between Tenkan-Sen and Kijun-Sen. Short-term forecast: we can expect support from Tenkan-Sen – Kijun-Sen – Senkou Span B, and the price to move towards D Kijun-Sen. GBP USD, Time Frame H1. Indicator

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