The weekly money flow index has breached rising trend line and is turning lower from the overbought territory.
On the daily chart, both RSI and money flow index are yet to hit the overbought territory, hence we could see prices revisit record high level around 7130, especially now that GBP/USD has breached 1.27 level.
On the lower side, 6973 remains a strong support.
On the daily chart, both RSI and money flow index are yet to hit the overbought territory, hence we could see prices revisit record high level around 7130, especially now that GBP/USD has breached 1.27 level.
On the lower side, 6973 remains a strong support.
