During Monday's Sydney session, we noticed a second EUR GBP Ichimoku signal confirmation on the daily time frame. Is this good enough to develop a trading strategy around it? After hitting a support at 0.8350 back in April, the EUR/GBP pair forming higher lows at 0.84 and 0.8525. While the pair opened above the daily Ichimoku cloud on May 18th, due to high fundamental volatility it reversed during the trading day. However on Monday's Sydney session we had a definite EUR GBP Ichimoku signal confirmation as the pair opened with a gap above the daily cloud. Now it is important to note that the future cloud is flat and ... (full story)