Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysis for October 12th, 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). Kumo Cloud is heading up (2), Chinkou Lagging Span is above the chart, and the price is above the cloud. Short-term forecast: we can expect resistance from D Kijun-Sen – W Kijun-Sen and support from Senkou Span B. GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected near Kumo’s upper

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