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Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for March 21st, 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 to the chart, and the price is between Tenkan-Sen and Kijun-Sen. Short-term forecast: we can expect resistance from Tenkan-Sen, support from D Senkou Span A, and growth of the price. GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen

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