GBP USD "Great Britain Pound vs. US Dollar"
GBPUSD, Timeframe H4. Indicator signals: the “golden cross” (1) is still in force, Tenkan-Kijun channel is widening; after being narrowed, the cloud (2) is rising further, the Chinkou Lagging Span holds above the chart, the price is on Tenkan-Sen and inside the daily cloud. We can expect a support for Tenkan-Sen and current Kijun and the price rising.
GBPUSD, Timeframe H1. Tenkan-Sen and Kijun-Sen have come close to each other over Kumo and now can diverge with a “death cross” (1); after having narrowed, the cloud rose further, the Lagging Chinkou Span is almost on the chart, and the price is above the cloud. In the near-term we can expect a support for Sinkou A and B, a resistance for Tenkan-Kijun and the price hold above the cloud.
XAUUSD, Timeframe H4. Indicator signals: the “golden cross” (1) influences the lines, Kumo is rising (2), the Lagging Chinkou span is above the chart, the price is above the lines. We can expect a support for Tenkan-Sen and a rise of the price.
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