Gbp/usd has bounced from these range levels before, these range levels I have pointed out with grey lines are not very clean and perfect obviously but people and investors might see them and respond to them as before anyways
also saw on ¨dailyfx¨ that IG clients (IG is a broker) are now 52% short, which i haven't seen for at least a week, could be another sign gbp/usd is overbought.
(my research should not be considered as trustworthy, do your own before acting on mine)
also saw on ¨dailyfx¨ that IG clients (IG is a broker) are now 52% short, which i haven't seen for at least a week, could be another sign gbp/usd is overbought.
(my research should not be considered as trustworthy, do your own before acting on mine)
Note
beware of the pivot point at this level tough!
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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.