GBP USD, “Great Britain Pound vs US Dollar”

Weekly Ichimoku Cloud Analysis 30.03.2015 (GBP/USD)

FXTM Online Analysis Department.

GBP USD, “Great Britain Pound vs US Dollar”

GBPUSD, Time Frame Weekly. Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1); Kijun-Sen and Senkou Span A are directed downwards. Ichimoku Cloud is going up (2), Chinkou Lagging Span is below the chart, and the price is below the lines. Short‑term forecast: we can expect growth of the price towards resistance from Kijun-Sen and M Senkou Span B.

GBP USD, Time Frame Daily. Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Dead Cross” (1); all lines are horizontal. Ichimoku Cloud is going down (2), Chinkou Lagging Span is below the chart, and the price is on Tenkan-Sen. Short‑term forecast: we can expect resistance from Tenkan-Sen, and attempts of the price to stay above the cloud.