GBPUSD has played a range like clockwork the past few years
Here the Pound has cleared weekly (thick) and testing monthly resistance. Is the squeeze setting up with BB breaking outside of Keltner as weekly uptrend touches top band?
However Stochastics are overbought, so be cautious. We've reached the top of the range, so it could be a signal that the Pound is coming back hard.
Here the Pound has cleared weekly (thick) and testing monthly resistance. Is the squeeze setting up with BB breaking outside of Keltner as weekly uptrend touches top band?
However Stochastics are overbought, so be cautious. We've reached the top of the range, so it could be a signal that the Pound is coming back hard.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.