GBPUSD > What Is the Next Move Here?
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Analysis of #GBPUSD
If you look at the recent move this market reached Dec-2019 high which also key level to this pair right around 1.3350, now let's have a look at RSI which to me indicating there are not a lot of forces behind this movement and shows a big divergence.
This market now at a decision point and has to decide whether it wants to break up or make a retracement lower, I think lower it goes but am not shorting it
I believe this market provides good value at 1.300 which seems far from the current prices, and it is not short for me as it has multiple support levels below it
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Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
Analysis of #GBPUSD
If you look at the recent move this market reached Dec-2019 high which also key level to this pair right around 1.3350, now let's have a look at RSI which to me indicating there are not a lot of forces behind this movement and shows a big divergence.
This market now at a decision point and has to decide whether it wants to break up or make a retracement lower, I think lower it goes but am not shorting it
I believe this market provides good value at 1.300 which seems far from the current prices, and it is not short for me as it has multiple support levels below it
⠀
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
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