Based on Ichimocu system it can be noticed that the price is below the cloud the kijun sen and the tekan sen seem to be in a bearish formation. The chikou span appears below the price.
This pair hit the record highs this month what can be noted based on the Ichimoku system
Based on the Ichimoku system the price is out of the cloud and the tekan sen and kijun sean seem to be in a bullish formation.
The picture here seems to be bearish for the moment.
For the past 2 months GBPUSD based on the Ichimoku system the price is out of the cloud and the tekan sen and kijun sean seem to be in a bearish formation.
The chikou span is below the price meaning that the small downtrend it formed there may continue.
Based on the current market conditions and
the Ichimoku System we can see that the price is below the kumo and the tekan
sen and kijun sen are in bearish formation.
Chikou span is below the price and price bounced on the thick cloud.
What we like to see is the price moves below tekan sen and kijun sen to start looking for any potential bearish signals.
|remaining time till the new event being published|
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