Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysis for February 11th, 2016 GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another above Kumo Cloud (1); all lines except Senkou Span B are directed downwards. Ichimoku Cloud is heading up (2), Chinkou Lagging Span is below the chart, and the price is near the cloud’s upper border. Short-term forecast: we can expect support from Senkou Span B, and growth of the price above the cloud. GBP USD, Time Frame H1.

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