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GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other below Kumo Cloud (1). Chinkou Lagging Span is near the chart, Kumo Cloud is going down (2), and the price is below the lines. Short-term forecast: we can expect resistance from Senkou Span A – Tenkan-Sen – Kijun‑Sen, and attempts of the price to stay above the cloud.
GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen formed “Dead Cross” (1). Chinkou Lagging Span is below the chart, Kumo Cloud is heading sown (2), and the price is on Tenkan-Sen. Short-term forecast: we can expect resistance from Kijun-Sen – Senkou Span A, and decline of the price.
XAU USD, Time Frame H4: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Kumo Cloud is moving upwards (2), and the price is between Tenkan‑Sen and Kijun‑Sen. Short‑term forecast: we can expect resistance from Tenkan-Sen – D Senkou Span B, support from D Senkou Span A, and growth of the price.
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.