proofofjay

GBPUSD Ranging, expecting a bounce soon

Pembelian
FX:GBPUSD   Pound Inggris / Dollar AS
Approaching/Sitting just above lower bband with STOCH RSI slightly oversold and RSI approaching oversold territory (At ~38)
Not much to interpret from volume other than its remained consistent, doesn't seem to be dying or picking up much
Also, sitting just on a bullish OB

Therefore, expecting a bit more downward movement to ~1.27, maybe range in this OB for a while
before a bounce to the top of the band/Bearish OB at ~1.3
Looking for an uptick in volume as we range before being convinced of a significant bounce, though, as Stoch RSI still remains bearish

Also, clearly in a range between ~1.262 * ~1.32 so it would make sense to touch/ come very near to support of this range before making a move back to the top
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.