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GBPUSD Tries Ichimoku Cloud’s Upper Band Once Again
As we enter a week filled with hot market moving events out of the UK and the US, GBPUSD tries Ichimoku cloud's upper band yet again. So naturally, we are taking an IDDA appraoch to strategy development for for our lovely Invest Divas—and Divos. Daily Chart: After breaking above a falling wedge, the GBP/USD pair made its way up towards the flat, yet thick Ichimoku cloud in November. It then started testing and teasing the upper band of the Senkou span beginning of December. Last week we said this will only confirm if GBP/USD also breaks above the 23% Fibonacci retracement level of 1.2760. So far, it hasn't ... (full story)