Hello everyone, Bullish sentiment is observed on the EURGBP currency pair. The pair is trading above the Ichimoku Cloud at the market price of 0.84777. The Cloud boundary consists of two levels: Senkou Span B at 0.84403 and Senkou Span A at 0.84518, acting as strong supports. The Senkou Span B line is more powerful within the cloud. Buying on pullbacks to the cloud or re-entering is possible. 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 lies in determining market direction and assessing 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 0.84786 and the Kijun-sen line at 0.84758 from bottom to top adds credibility to the purchases. I will close the profit based on the opposite cloud signal or at the end of the trading day.
