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EURGBP 50% | 1 GBPUSD 50% | 1
260577 260577 GBPUSD, D, 3 years ago
GBPUSD: IS BOLLINGER BANDWIDTH TELLING US SOMETHING ABOUT GBP?
209 2 1
GBPUSD, D
IS BOLLINGER BANDWIDTH TELLING US SOMETHING ABOUT GBP?

The Bollinger Band width (BBW) is an indicator of volatility and as we know volatility moves in cycles and is mean reverting .For the last 20 Bars BBW for Cable has been around 0.02 and drifting lower . The average for the period of the chart is 0.04 The last 2 occasions when this happened was followed by one huge and another fairly large down move( see arrows). ...

260577 260577 EURGBP, D, Long , 3 years ago
EURGBP: EURGBP touching lower band of 200 day linear regression channel
301 3 0
EURGBP, D Long
EURGBP touching lower band of 200 day linear regression channel

The 200 day linear rgression channel has been a good indicator for EURGBP. feels like the price touched a mid term bottom today 0.8356. go LONG WIth a target of 0.8700 . the bounce has happened . move s/l 0.8390

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