Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return:
36,164.0%
User | Time | Action Performed |
---|---|---|
GBPUSD has eased a bit after its downfall from the 1.4375 resistance barrier, finding support at the 10-month low of 1.2960 on July 19. Since the previous week the price is trading slightly higher, however, it remains below the mid-level of the Bollinger Band (20-SMA) and the 40-day simple moving average (SMA). In the short-term, the neutral to bearish bias is likely to be continued as the RSI has flattened slightly below its threshold of 50 and the MACD has paused its downward move as it jumped above the trigger line. Still, downside risks have not been faded out yet as both indicators continue to fluctuate in ... (full story)