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  1. mistyrains
    36,496 Posts.
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    10/01/11
    16:21
    Post #: 7711758

    Just looking at the Ichimoku Daily, GBP/USD has been bearish since about mid Dec 2010: price action below the Cloud, both Tenkan-Sen and Kijun-Sen are below the Cloud with Tenkan-Sen (the shorter MA) below Kijun-Sen (longer MA).

    One thing to note though: both Tenkan-Sen and Kijun-Sen have been flat since about the end of Dec 2010, suggesting price is in a ranging mood.

    I don't hold.
    Price at posting: 0.0000 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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