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Trader Journals:::2026-05-01T07:53:49

GBP/USD

GBP/USD

Bullish sentiment is visible on the GBPUSD currency pair. The pair is trading above the Ichimoku Cloud at the market price of 1.35996. The Cloud boundary consists of two levels: Senkou Span B at 1.34985 and Senkou Span A at 1.34830, acting as strong supports. The Senkou Span B line is more powerful within the cloud. It is possible to add to positions on pullbacks to the cloud or re-enter. Although the pullback is not crucial, as it may not occur at all or the market may simply break through the cloud, changing the signal. The essence of this indicator is to determine the market direction and assess the situation. Any patterns providing information on buying can be used for entry, with a transition to other smaller time frames. Buying is preferred, so I am buying this asset. The crossing of the Tenkan-sen line at 1.36044 and the Kijun-sen line at 1.35323 from bottom to top adds credibility to the buys. I will close the profit based on the opposite cloud signal or at the end of the trading day.
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