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Ichimoku Cloud Analysis: GBP/USD, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for October 15th, 2015 GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Golden Cross” (1); all lines except Kijun-Sen are directed upwards. Ichimoku Cloud is heading up (2), Chinkou Lagging Span is above the chart, and the price reached the upper border of D Kumo – D Senkou Span B. Short-term forecast: we can expect support from W Tenkan-Sen – W Kijun-Sen, and growth of the price.

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