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Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for March 16th, 2016 GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Ichimoku Cloud is closed (2), Chinkou Lagging Span is below the chart, and the price is moving inside Kumo. Short-term forecast: we can expect decline of the price towards support from the cloud’s lower border, and then resistance from D Kijun-Sen. GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are

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