Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for October 9th, 2015 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) below Kumo Cloud. Kumo Cloud is heading up (2), Chinkou Lagging Span is above the chart, and the price is close to the cloud’s upper border. Short-term forecast: we can expect resistance from D Kijun-Sen and support from Senkou Span B – Tenkan-Sen. GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen

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