GBPUSD Update: Bearish H4 TF Overview

311
Indicators:

Moving Averages: Below all MAs + Bearish Golden Cut

CRVWATR: Low – Potential Downside Rooms –

Triple RSI: Bearish

MFI: Overbought to Neutral – Bearish-

20 Period Volatility: Increasing in favor of Bears.

50 Period Volatility: Low

Harmonic Summary: Emerging Bullish Three Drives 1.29000 – 1.28700 for Long Opportunity. – We will send notification –

Fundamental Weight: Bearish near term. – Increasing BoE Rate Cut Expectations –

Additional info is on the chart.

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.