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Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for April 12th, 2016 GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); all lines except Senkou Span B are directed upwards. Ichimoku Cloud is heading down (2), Chinkou Lagging Span is above the chart, and the price is above the lines. Short-term forecast: we can expect the price to grow and then return to support from D Kijun-Sen. GBP USD, Time Frame H1. Indicator

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