Hello traders. The GBPUSD pair has passed through the Ichimoku Cloud, clearing out the sellers who were lingering behind the golden cross formed by the Tenkan-Sen reversal line at 1.35700 and the Kijun-Sen baseline at 1.35576. The Tenkan-Sen is the fast line, considered a reversal line, positioned above the Kijun-Sen, which has a longer period setting making it slower. The signal from the intersection and the market price at 1.35826 above the cloud provide a strong buy signal. I recommend considering buying opportunities as the market moves upwards, with possible additional pullbacks to the Senkou Span B line at 1.35372 and Senkou Span A line at 1.35493, which currently act as support. The selling scenario occurs when the Tenkan-Sen crosses the Kijun-Sen line from top to bottom. A sell signal is already forming, but it is advisable to wait for the Ichimoku Cloud to be broken through and confirmed below it.
