GBPUSD . Bull Riding Upper Range Wave .
Daily MA, SR, RSI/STO, MacD.
Current Price 1.26739
Resistance
1.27274
1.30 near the approaching 200 MA
Support
1.25469
1.24139
RSI/STO oversold for weeks.
MacD dwindling signs to sell.
MA’s . price is overextended but showing signs of a crossover fan to the upside.
Fibonaci possible retracement before continued up trend.
.23 level is 1.25124
.38 level 1.24106
.5 level 1.23284
.68 level 1.22462
Overall
A slow bull climbs the hill. Possible retracements but overall confident pound in the face of change. Currently in a bullish pattern within range. Who knows.
Disclaimer & Donations. I am an idiot, know nothing, and sharing what I learn from Trade With Precision. You are responsible for managing your own risk and choices. If you find this info helpful, the suggested donation is one bitcoin.
Daily MA, SR, RSI/STO, MacD.
Current Price 1.26739
Resistance
1.27274
1.30 near the approaching 200 MA
Support
1.25469
1.24139
RSI/STO oversold for weeks.
MacD dwindling signs to sell.
MA’s . price is overextended but showing signs of a crossover fan to the upside.
Fibonaci possible retracement before continued up trend.
.23 level is 1.25124
.38 level 1.24106
.5 level 1.23284
.68 level 1.22462
Overall
A slow bull climbs the hill. Possible retracements but overall confident pound in the face of change. Currently in a bullish pattern within range. Who knows.
Disclaimer & Donations. I am an idiot, know nothing, and sharing what I learn from Trade With Precision. You are responsible for managing your own risk and choices. If you find this info helpful, the suggested donation is one bitcoin.