Waiting for GBPUSD to go down

30 july 2021 113
Konstantin_Kochkin
Konstantin_Kochkin

Listed among the best MarketCheese authors
2nd in the segment "Crypto"
3rd in the segment "Metals"
Load the latest quotes
Full screen

The GBPUSD pair has reached the upper Bollinger band which, according to Bollinger’s reversal signals, points towards an approaching drawdown.

 

Coupled with its proximity to the support at 1.4 and negative values for AD, the pair’s drawdown becomes even more likely.  

Konstantin_Kochkin
Konstantin_Kochkin

Listed among the best MarketCheese authors
2nd in the segment "Crypto"
3rd in the segment "Metals"
Comments
New Popular
Send
Commenting rules

Subscribe to our newsletter and stay up to date with all the news!