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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 influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is going up (2), and the price is on Tenkan-Sen and moving inside the cloud towards its upper border. Short-term forecast: we can expect support from Tenkan-Sen and resistance from W Tenkan-Sen and D Kijun-Sen.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Ichimoku Cloud is going up (2), Chinkou Lagging Span is close to the chart, and the price is on Kijun-Sen. Short-term forecast: we can expect support from the cloud’s upper border, and growth of the price.
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1). Chinkou Lagging Span is below the chart, Ichimoku Cloud is moving downwards (2), and the price is between Tenkan-Sen and Kijun-Sen. Short‑term forecast: we can expect support from Tenkan-Sen and resistance from Kijun-Sen.
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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.