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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); all lines except Kijun-Sen are directed upwards. Chinkou Lagging Span is above the chart, Ichimoku Cloud is going down (2), and the price is between Tenkan-Sen and Kijun-Sen. Short-term forecast: we can expect resistance from Tenkan-Sen, support from Kijun-Sen; the price may reach D Senkou Span A.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are forming “Dead Cross” (1) above Kumo Cloud. Chinkou Lagging Span is below the chart, Ichimoku Cloud is heading up (2), and the price is near the cloud’s lower border. Short-term forecast: we can expect support from Senkou Span A and resistance from Senkou Span B.
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are very close to each other and still influenced by “Dead Cross” (1). Chinkou Lagging Span is below the chart, Ichimoku Cloud is moving downwards (2), and the price is on D Kijun-Sen. Short‑term forecast: we can expect support from D Kijun-Sen and resistance from Tenkan-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.