GBPUSD Ichimoku Analysis: Long and Short Ideas

With GBPUSD nearing its 60% retracement, it can be said that the bulls may possibly ride a strong uptrend next week. On the other hand, we may find resistance at the 61% retracement level and find ourselves in the midst of a good short position. Please refer to the 4H chart above for further details in regards to entries and targets. Have a great weekend!