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GBP USD, “Great Britain Pound vs US Dollar”
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1), but they are still close to each other. Chinkou Lagging Span is above the chart, Ichimoku Cloud is going up (2), and the price reached Senkou Span B. Short-term forecast: we can expect growth of the price.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are close to each other below Kumo Cloud, they may intersect and form “Golden Cross” (1); Tenkan-Sen is directed upwards. Ichimoku Cloud is heading down (2), Chinkou Lagging Span is on the chart, and the price is on Senkou Spans A and B. 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 very close to each other below Kumo Cloud (1); all lines except Tenkan-Sen are directed downwards. Chinkou Lagging Span is getting closer to the chart, Ichimoku Cloud is still moving downwards (2), and the price is on tankan-Sen and Kijun-Sen. Short‑term forecast: we can expect support from D Senkou Span A and resistance from the cloud’s lower border.
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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.