Great Britain Pound vs US Dollar

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Chinkou Lagging Span is below the chart, Ichimoku Cloud is going down (2), and the price is on Tenkan-Sen. Short-term forecast: we can expect resistance from Kijun-Sen, and attempts of the price to grow to reach the cloud.

GBP USD, Time Frame H1. Tenkan-Sen and Kijun-Sen are close to each other below Kumo Cloud. Chinkou Lagging Span is below the chart, Ichimoku Cloud is heading down, and the price is between Tenkan-Sen and Kijun-Sen. Short-term forecast: we can expect growth of the price.