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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 “Dead Cross” (1) so far, they are getting closer inside Kumo Cloud; 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 near the cloud’s upper border. Short-term forecast: we can expect support from Senkou Span A and resistance from W Senkou Span A.
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is heading up (2), and the price is above the lines. Short-term forecast: we can expect growth of the price.
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1). Chinkou Lagging Span is below the chart; Ichimoku Cloud is moving downwards (2). Short‑term forecast: we can expect attempts of the price to stay inside the cloud.
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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.