Ichimoku Clouds over GBPUSD – Forex Trading Strategies

Ichimoku Clouds over GBPUSD

A dark, massive Ichimoku clouds over GBPUSD as we enter the final trading week of September. What’s next for the pair and how could coming risk events impact our strategy? Read on for Invest Diva‘s IDDA approach to strategy development.

Ichimoku clouds over GBPUSD – Kiana Danial with Capital Index

Ichimoku Clouds over GBPUSD | Technical Analysis

We have passed two weeks of incredible volatility and firework event risk. GBP/USD erased all the previous corrections on Friday and dived back to the post-Brexit referendum level at 1.29, forming a strong bearish engulfing candlestick pattern. With that, we might see yet another test of 1.2875 support level this week.

Get my updates. Free.

As the thickening Ichimoku clouds over GBPUSD acting as a massive resistance, the all time low of 1.28 becomes stronger of a support. The pair now has a very narrow range between this support and resistance. And a break below 1.28 could now be more catastrophic than ever because it could open doors to serious downfalls towards 1.25.

Ichimoku Cloud Over GBPUSD – Technical Analysis

Alternatively, a breakthrough the Ichimoku cloud could indicate a long-term consolidation until the Brits figure out their Brexit details. Pivot/ resistance levels are set at Fibonacci retracement levels at 1.3345, 1.3630, and 1.3850 respectively. Long term resistance is set above Ichimoku at 1.4090.

Hot Market Moving Events Coming Up…

Coming up in the economic calendar today during the London session we have German Ifo Business Climate at 8 AM GMT which is one of the country’s key business sentiment surveys.

Have you added my book to your library?

The US will release their New Home Sales (AUG) during the New York session at 2 PM. Also pay attention to speeches from ECB and FOMC members later during the New York session which could create volatility in the EUR/USD pair.

Market Sentiment – Ichimoku Clouds over GBPUSD

On Monday’s Sydney market open the GBP/USD market sentiment was pretty bearish as 79% of traders were long on the pair. Using this as a contrarian indicator, we could expect further drops towards 1.2870 this week.

Trading Strategy – Ichimoku Clouds over GBPUSD

Putting the technical, fundamental and sentimental points of the IDDA approach together, we have the below two scenarios for GBP/USD.

Bullish Scenario:

In my piece two weeks ago, I predicted that the pair could move back towards 1.2875. Guess what is happening this week?

That’s why they call me Invest Diva my friends!

As GBPUSD reaches Ichimoku cloud, we could prepare for a long-term range trading strategy. Pivot targets are stated below.

One strategy is to buy at the bottom at 1.2875 and aim for the Fibonacci retracement levels depending on your risk tolerance.

Bearish Scenario: On worse than expected UK data or better than expected US data we could see the pair moving back to the all time low of 1.2875. Short term bears can take advantage of this move on market news.

However as mentioned above, for a long-term bearish scenario we need a pretty damn strong confirmation of a break below 1.28.

Stay tuned for market updates and signals on that my fellow invest divas.

Here are Invest Diva’s calculations for important GBP/USD approximate levels to keep an eye on:

Support Levels	Turning Point	Resistance Levels
1.2875	1.3345	1.3850
1.26	1.3630	1.4090

xoxo

Kiana 喜愛成
Get my emails | Follow on Twitter| Like on Facebook | Subscribe on YouTube

Kiana Danial

#1 Best Selling Author. Helping you accelerate your retirement with Triple Compounding™ Former engineer on a mission to help 1 million households take control of their finances. Founder & CEO of Invest Diva.

Nvidia (NVDA) $5 Trillion Milestone Is Still Shaking Up Wall Street – Is This The Peak Of The AI Boom Or Just The Beginning?

November 8, 2025 No Comments

After a period of unstoppable momentum, Nvidia (NVDA) is once again dominating headlines – and it’s no wonder Wall Street can’t look away. Once known primarily for gaming graphics, Nvidia has transformed itself into the beating heart of the AI revolution.

Its playbook, centered on innovation, scale, and ecosystem control, has turned the company into one of the most valuable and influential forces in tech history. But as investors cheer its meteoric rise, the question now looms: is Nvidia reaching new heights of sustainable growth, or is it flying too close to the sun?

Netflix Stock (NFLX): Exciting 10:1 Split. Not-So-Exciting Earnings. What’s Under The Surface?

October 31, 2025 No Comments

Netflix is one of the most recognizable companies in the world. It has a massive audience, strong brand awareness, and a long history of reshaping how we watch TV. Recently, Netflix announced a 10:1 stock split. A split does not change the value of the company, but it lowers the price per share and often makes the stock feel more accessible to everyday investors.

Beyond Meat Stock (BYND) $900 Million Debt Deal News: Lifeline Or Last Gasp Before Collapse?

October 24, 2025 No Comments

After months of steep declines and fleeting meme-fueled rallies, Beyond Meat (BYND) is once again in the spotlight – this time for its massive $900 million debt-for-equity deal. Once celebrated as the face of plant-based innovation, the company now finds itself fighting for survival amid collapsing sales, widening losses, and a heavily diluted shareholder base.

Ferrari Stock (RACE) Plunged Hard. Is It A Short-Term Drop Or A Long-Term Decline?

October 16, 2025 No Comments

Ferrari. A name that evokes speed, luxury, and precision.
But lately, its stock has been running into some rough turns.

After hitting record highs earlier this year, Ferrari’s share price took a sharp dive following its Capital Markets Day. Investors were caught off guard. Expectations were sky-high, and the company’s updated targets didn’t quite match the market’s adrenaline.

Coca-Cola Stock (KO) Is Quietly Making A Move Most Investors Are Missing

October 15, 2025 No Comments

Coca-Cola has been around for over 130 years and is one of the most recognizable brands on Earth. With more than 200 beverage brands across 200 countries, it’s not just about sodas anymore—Coke owns names like Fanta, Sprite, Minute Maid, Powerade, Costa Coffee, and even premium water and energy drinks.

Has Qualcomm (QCOM) Finally Woken Up? The AI Breakout Wall Street Didn’t See Coming

October 14, 2025 No Comments

After months of flying under the radar, Qualcomm (QCOM) has finally jolted back to life – and investors are starting to notice. Once known mainly for powering smartphones, Qualcomm is now stepping into the spotlight as a serious player in the AI revolution, with growing opportunities across AI PCs, cars, wearables, and smart devices. Its latest chip launches and partnerships with major brands like Google and BMW show a clear shift toward becoming a more diversified and innovative technology leader.