GBP USD "Great Britain Pound vs. US Dollar"
GBPUSD, Timeframe H4 Indicator signals: Tenkan-Sen and Kijun-Sen have diverged above the Kumo and formed a "Dead Cross” (1), but Kijun-Sen points downwards, the cloud (2) keeps rising and is widening, the Lagging Chinkou span is on the chart while the price is above the cloud. We can expect a support for daily Tenkan-Sen and Sinkou A and a rise of the price.
GBPUSD, Timeframe H1. Tenkan-Sen and Kijun-Sen has diverged over Kumo and formed a "dead cross» (1), the cloud is declining, the Lagging Chinkou span is under the chart, the price is under the lines. In the near-term we can expect a resistance for Kijun – Sinkou A and declining of the price under the cloud.
XAUUSD, Timeframe H4. Indicator signals: the “golden cross” (1) is still in force here, Kumo (2) is rising, the Lagging Chinkou span is above the chart, the price has come back into Tenkan-Kijun channel and into the daily cloud. We can expect a support for Kijun – D Kijun and a rise of the price.
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