EURGBP - Price has entered the demand zone, and appears to have started to bounce out of this TF. The closest Demand Zone below is 50-60 pips below while the Supply Zone above is over 100 pips.
A sign from the sales momentum indicator below has been a decrease in momentum compared to the last few days.
The decision for a buy position is more favorable than a sell position if the win/loss ratio is calculated and the opportunity for the price to rally upwards is better.
A sign from the sales momentum indicator below has been a decrease in momentum compared to the last few days.
The decision for a buy position is more favorable than a sell position if the win/loss ratio is calculated and the opportunity for the price to rally upwards is better.