The GBP/USD pair settled above the 1.3180 support, and therefore the opportunity remains to complete the bullish movement, especially since the price started its movement today with a slight rise during the morning trading.
Therefore, the bullish path will have a high probability for today, and the breach of …
#MA
The general trend is descendant. The share trades in the upper’s descendant price channel’s span. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The inclined channel of the ascendant wave structure is breached.
Trade idea:
Sell when the 340.90 level is breached.
Stop-loss is beyond the …
The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss is …
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