jmontana1980

USD/GBP Hidden Bearish Divergence

FX_IDC:USDGBP   Dollar AS / Pound Sterling
This chart depicts hidden bearish divergence using trend lines to demonstrate a lower high in price with a higher high RSI indication. As the bears drop the price to form the lower high, the RSI is indicating that the price has become even more overbought than the previous high which could mean that the price could continue to drop further.

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