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Whalay
Nov 24, 2023 3:46 PM

Divergent Trading Education

British Pound/U.S. DollarFXCM

Description

Divergent trading is when you compare the movement of a currency pair to the movement of a related indicator. We can see price is making new highs but our volume flow (Moving average) is making lower highs. Consider this a potential reduction in price to come.
Comments
cod3braker
How sure are you that negative dollar will not impact gbpusd any more than it already? just based on an indicator?
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