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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 still influenced by “Golden Cross” (1) below Kumo Cloud; all lines are directed upwards. Kumo Cloud is heading up (2), Chinkou Lagging Span is above the chart, and the price is moving inside Kumo. Short-term forecast: we can expect resistance from D Kijun-Sen, and attempts of the price to stay above the cloud.
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 above the chart, and the price is above the lines. Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price.
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart; Ichimoku Cloud is moving upwards (2). Short‑term forecast: we can expect another resistance from W Kijun-Sen, support from the cloud’s upper border, and growth of the price.
RoboForex Analytical Department
Article By RoboForex.com
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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.