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Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for March 17th, 2016 GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are getting closer to each other, but are still influenced by “Dead Cross” (1). Ichimoku Cloud is closed (2), Chinkou Lagging Span is above the chart, and the price is above the lines. Short-term forecast: we can expect resistance from D Senkou Span A and support from Senkou Span A, and then growth of the price. GBP USD, Time Frame H1. Indicator signals:

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