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TipTVFinance TipTVFinance PRO GBPUSD, 60, 2 months ago
GBPUSD: GBP/USD – no respite… despite oversold intraday indicators
69 0 3
GBPUSD, 60
GBP/USD – no respite… despite oversold intraday indicators
The pair respected the falling trend line resistance yesterday and since then has been on a way route to 31-year lows. The selling is so intense that technical correction does not last more than 20-pips.... this despite being oversold on 4-hr and hourly time frame. Anyone out there who intends to go long on ...
TipTVFinance TipTVFinance PRO GBPUSD, 60, 2 months ago
GBPUSD: GBP/USD – Bullish divergence worked, expecting a pullback now
69 1 7
GBPUSD, 60
GBP/USD – Bullish divergence worked, expecting a pullback now
Bullish price RSI divergence seen on the hourly and 4-hour chart yesterday managed to push the GBP/USD pair well above 1.30. At the time of writing, the pair was trading around 1.3076. What’s next? Divergence on the intraday charts usually signal pull backs, while those on the daily/weekly chart signal ...
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