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Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for April 5th, 2016 GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected near Kumo’s upper border and formed “Dead Cross” (1). Ichimoku Cloud is heading up so far (2), Chinkou Lagging Span is below the chart, and the price is inside Kumo. Short-term forecast: we can expect support from W Tenkan-Sen, and growth of the price towards Senkou Span B. GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen

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