Intra Day Trading - page 11
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A black body has formed as prices closed lower than open.
The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.
The previous 50 candlestick bars, there are 29 white candles versus 21 black candles with a net of 8 white candles.
A doji star has formed where a doji gaps above or below the previous candle. This often signals a reversal with confirmation occurring on the next bar.
MACD is BEARISH as the MACD is below the signal line. The MACD crossedbelow the signal line 7 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 0.86%, and has been fluctuating from a high of 1.382 to a low of 1.348.The MACD is currently not in an Overbought/Oversold range.
The Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Buy 10 period(s) Ago.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for Euro Dollar / US Dollar is Very Bullish
Euro Dollar / US Dollar closed below the upper Bollinger Band by 30.3%. Bollinger Bands are 64.96% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to Euro Dollar / US Dollar's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 13 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
The present wave patterns are:
fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3
Euro Dollar / US Dollar is long term Bullish as the 144 days moving average of 1.33 is increasing. The Relative Strength Index is at 56.12 in the neutral territory. The Relative Momentum Index is at 64.61 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.02, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 50.69. This value is in the neutral territory.
Overall, the bias in prices is: Upwards.
Short term: Prices are stalling.
Intermediate term: Prices are ranging.
*** Intra-Daily Trading Strategy: SELLBritish Pound / US Dollar
Sell Target:1.6713
Sell Stop: 1.6737
Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!
A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 6 white candles versus 4 black candles with a net of 2 white candles.
The previous 50 candlestick bars, there are 27 white candles versus 22 black candles with a net of 5 white candles.
MACD is BULLISH as the MACD is above the signal line.
The MACD crossedabove the signal line 4 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 0.70%, and has been fluctuating from a high of 1.682 to a low of 1.645.
The MACD is currently not in an Overbought/Oversold range.
No divergencesignals found during the last 5 periods.
The Stochastic Oscillatoris currently above 80 which is an indication of an "overbought" condition. Stochastic was a Buy 7 Period(s) Ago.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Buy 4 period(s) Ago.
The close is currently
ABOVE its 200 daily moving average
ABOVE its 50 daily moving average
ABOVE its 20 daily moving average
The current market condition for British Pound / US Dollar is Very Bullish
British Pound / US Dollar closed below the upper Bollinger Band by 11.9%. Bollinger Bands are 9.64% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
An Inside Day Narrow Range was detected by your Elliott Waves High Volatility on 18/02/14. This is usually a trade set-up opportunity.
Elliott Waves High Volatility has detected an Isolated High at 1.68one bar ago; this is usually a bearish sign that is not to be used alone! Elliott Waves High Volatility has detected a Gann Swing or Pullback that is usually a bullish pattern! It should be used with other indicators.
The present wave patterns are:
fast amplitude (8%): bullish wave 3
British Pound / US Dollar is long term Bullish as the 144 days moving average of 1.62 is increasing. The Relative Strength Index is at 66.53 in the neutral territory. The Relative Momentum Index is at 70.55 in the overbought territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.02, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 94.22. This value is in the overbought territory.
Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bullish
Summary
British Pound / US Dollar is currently 5.3% above its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Trend forecasting oscillators are currently bullish on GBPUSD and have had this outlook for the last 2 periods.
A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 6 white candles versus 4 black candles with a net of 2 white candles.
The previous 50 candlestick bars, there are 30 white candles versus 20 black candles with a net of 10 white candles.
Three white candles has formed during the last three bars. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.
MACD is BEARISH as the MACD is below the signal line. The MACD crossedbelow the signal line 7 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 1.10%, and has been fluctuating from a high of 1.382 to a low of 1.348. The MACD is currently not in an Overbought/Oversold range.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Buy 10 period(s) Ago.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for Euro Dollar / US Dollar is Very Bullish
Euro Dollar / US Dollar closed below the upper Bollinger Band by 23.5%. Bollinger Bands are 64.47% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to Euro Dollar / US Dollar's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 13 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
The present wave patterns are:
fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3
Overall, the bias in prices is: Upwards.
Short term: Prices are stalling.
Intermediate term: Prices are ranging.
*** Intra-Daily Trading Strategy: SELLEuro Dollar / British Pound
Sell Target:0.8238
Sell Stop: 0.8253
Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!
A black body has formed as prices closed lower than open.
The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.
The previous 50 candlestick bars, there are 24 white candles versus 26 black candles with a net of 2 black candles.
A doji star has formed where a doji gaps above or below the previous candle. This often signals a reversal with confirmation occurring on the next bar.
MACD is BULLISH as the MACD is above the signal line. The MACD crossedabove the signal line 2 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / British Pound's price has decreased 0.21%, and has been fluctuating from a high of 0.828 to a low of 0.822.
Stochastic signal was a Sell 10 Period(s) Ago.
RSI and price of Euro Dollar / British Pound are not diverging.
ADX is currently below both Plus and Minus Directional indicators.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Buy 1 period(s) Ago.
The close is currently
BELOW its 200 daily moving average
BELOW its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for Euro Dollar / British Pound is Very Bearish
Euro Dollar / British Pound closed above the lower Bollinger Band by 46.3%. Bollinger Bands are 5.95% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Elliott Waves High Volatility has detected an Isolated High at 0.83one bar ago; this is usually a bearish sign that is not to be used alone!
The present wave patterns are:
fast amplitude (8%): bullish wave 1
Euro Dollar / British Pound is long term Bearish as the 144 days moving average of 0.84 is decreasing. The Relative Strength Index is at 48.31 in the neutral territory. The Relative Momentum Index is at 43.78 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at -0.00, in negative territory; this is a bearish sign. An equally important indicator, the STORSI is at 80.13. This value is in the overbought territory.
Technical Outlook
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bearish
A black body has formed as prices closed lower than open.
The previous 10 candlestick bars, there are 6 white candles versus 4 black candles with a net of 2 white candles.
The previous 50 candlestick bars, there are 29 white candles versus 21 black candles with a net of 8 white candles.
MACD is BEARISH as the MACD is below the signal line. The MACD crossedbelow the signal line 8 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 0.85%, and has been fluctuating from a high of 1.382 to a low of 1.348. The MACD is currently not in an Overbought/Oversold range.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Buy 11 period(s) Ago.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for Euro Dollar / US Dollar is Very Bullish
Euro Dollar / US Dollar closed below the upper Bollinger Band by 32.9%. Bollinger Bands are 64.38% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to Euro Dollar / US Dollar's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 14 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
Elliott Waves High Volatility has detected an Isolated High at 1.38one bar ago; this is usually a bearish sign that is not to be used alone!
The present wave patterns are:
fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3
Euro Dollar / US Dollar is long term Bullish as the 144 days moving average of 1.33 is increasing. The Relative Strength Index is at 55.74 in the neutral territory. The Relative Momentum Index is at 65.20 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.02, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 59.59. This value is in the neutral territory.
Overall, the bias in prices is: Upwards.
Short term: Prices are stalling.
Intermediate term: Prices are ranging.
*** Intra-Daily Trading Strategy: BUYUS Dollar / Japanese Yen
Buy Target: 101.7283
Buy Stop: 101.2557
Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!
A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 7 white candles versus 3 black candles with a net of 4 white candles.
The previous 50 candlestick bars, there are 28 white candles versus 22 black candles with a net of 6 white candles.
MACD is BEARISH as the MACD is below the signal line. The MACD crossedbelow the signal line 1 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 0.17%, and has been fluctuating from a high of 101.695 to a low of 101.196.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Sell 1 period(s) ago.
The close is currently
ABOVE its 200 daily moving average
BELOW its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for US Dollar / Japanese Yen is Mildly Bullish
US Dollar / Japanese Yen closed above the lower Bollinger Band by 12.0%. Bollinger Bands are 66.84% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to US Dollar / Japanese Yen's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 9 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Elliott Waves High Volatility has detected an Isolated Low at 101.20one bar ago ; this is usually a bullish sign that is not to be used alone!
The present wave patterns are:
fast amplitude (8%): bullish wave 5
moderate amplitude (13%): bullish wave 1
normal amplitude (21%): bullish wave 1
Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish
A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 7 white candles versus 3 black candles with a net of 4 white candles.
The previous 50 candlestick bars, there are 30 white candles versus 20 black candles with a net of 10 white candles.
Three white candles has formed during the last three bars. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.MACD is BULLISH as the MACD is above the signal line.
The MACD crossedabove the signal line 0 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has been unchanged, and has been fluctuating from a high of 1.391 to a low of 1.371. The MACD is currently not in an Overbought/Oversold range.
The price of Euro Dollar / US Dollar has set a new 14-period high while the RSI has not. This is a BEARISH DIVERGENCE.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for Euro Dollar / US Dollar is Very Bullish
Euro Dollar / US Dollar closed below the upper Bollinger Band by 3.6%. Bollinger Bands are 58.74% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to Euro Dollar / US Dollar's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 15 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
Elliott Waves High Volatility has detected an Isolated Low at 1.37one bar ago ; this is usually a bullish sign that is not to be used alone!
The present wave patterns are:
fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3
Euro Dollar / US Dollar is long term Bullish as the 144 days moving average of 1.34 is increasing. The Relative Strength Index is at 61.19 in the neutral territory. The Relative Momentum Index is at 69.78 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.03, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 85.60. This value is in the overbought territory.
Overall, the bias in prices is: Upwards.
Short term: Prices are moving.
Intermediate term: Prices are ranging.
*** Intra-Daily Trading Strategy: BUYBritish Pound / US Dollar
Buy Target: 1.6646
Buy Stop: 1.6631
Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!
A black body has formed as prices closed lower than open.
The previous 10 candlestick bars, there are 4 white candles versus 5 black candles with a net of 1 black candles.
The previous 50 candlestick bars, there are 24 white candles versus 24 black candles.
A spinning top has formed which is a candle with a small real body. Spinning tops identify a session in which there is little price action as defined by the difference between the open and the close. During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.
MACD is BEARISH as the MACD is below the signal line. The MACD crossedbelow the signal line 1 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 0.03%, and has been fluctuating from a high of 1.665 to a low of 1.664.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Because this is a trend following system, it should not use to initiate any trades right now.
SAR signal was a Sell 1 period(s) ago.
The close is currently
ABOVE its 200 daily moving average
ABOVE its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for British Pound / US Dollar is Bullish
British Pound / US Dollar closed above the lower Bollinger Band by 26.6%. Bollinger Bands are 67.78% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to British Pound / US Dollar's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 1 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
The present wave patterns are:
fast amplitude (8%): bullish wave 3
British Pound / US Dollar is long term Bullish as the 144 days moving average of 1.63 is increasing. The Relative Strength Index is at 51.88 in the neutral territory. The Relative Momentum Index is at 66.55 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.01, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 10.83. This value is in the oversold territory.
Technical Outlook
Short Term: Oversold
Intermediate Term: Bullish
Long Term: Bullish
A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 8 white candles versus 2 black candles with a net of 6 white candles.
The previous 50 candlestick bars, there are 31 white candles versus 19 black candles with a net of 12 white candles.
A spinning top has formed which is a candle with a small real body. Spinning tops identify a session in which there is little price action as defined by the difference between the open and the close. During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.Three white candles has formed during the last three bars. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.
MACD is BULLISH as the MACD is above the signal line. The MACD crossedabove the signal line 1 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 0.18%, and has been fluctuating from a high of 1.397 to a low of 1.371. MACD is not Overbought or Oversold.
Stochastic Oscillatoris currently above 80. This is an indication an "overbought" condition.
RSI has just reached its highest value in the last 14 period(s). This is BULLISHsignal.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Buy 13 period(s) Ago.
The close is currently
ABOVE its 200 weekly moving average
ABOVE its 50 weekly moving average
ABOVE its 20 weekly moving average
The current market condition for Euro Dollar / US Dollar is Very Bullish
Euro Dollar / US Dollar closed below the upper Bollinger Band by 2.5%. Bollinger Bands are 55.93% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to Euro Dollar / US Dollar's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 16 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.
The present wave patterns are:
fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3
Euro Dollar / US Dollar is long term Bullish as the 144 days moving average of 1.34 is increasing. The Relative Strength Index is at 61.91 in the neutral territory. The Relative Momentum Index is at 71.92 in the overbought territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.03, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 95.79. This value is in the overbought territory.
Overall, the bias in prices is: Upwards.
Short term: Prices are moving.
Intermediate term: Prices are ranging.
*** Intra-Daily Trading Strategy: SELLBritish Pound / US Dollar
Sell Target:1.6632
Sell Stop: 1.6650
Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!
A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 6 white candles versus 2 black candles with a net of 4 white candles.
The previous 50 candlestick bars, there are 26 white candles versus 21 black candles with a net of 5 white candles.
A spinning top has formed which is a candle with a small real body. Spinning tops identify a session in which there is little price action as defined by the difference between the open and the close. During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.Three white candles has formed during the last three bars. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.
MACD is BEARISH as the MACD is below the signal line. The MACD crossedbelow the signal line 6 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 0.02%, and has been fluctuating from a high of 1.672 to a low of 1.659. The MACD is currently not in an Overbought/Oversold range.
Stochastic signal was a Buy 2 Period(s) Ago.
Directional Movement Indicators (DMI) currently is not indicating a specific price direction.
SAR signal was a Sell 6 period(s) ago.
The close is currently
ABOVE its 200 daily moving average
ABOVE its 50 daily moving average
BELOW its 20 daily moving average
The current market condition for British Pound / US Dollar is Bullish
British Pound / US Dollar closed above the lower Bollinger Band by 33.4%. Bollinger Bands are 67.90% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to British Pound / US Dollar's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 6 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
Elliott Waves High Volatility has detected an Isolated High at 1.67one bar ago; this is usually a bearish sign that is not to be used alone!
The present wave patterns are:
fast amplitude (8%): bullish wave 3
British Pound / US Dollar is long term Bullish as the 144 days moving average of 1.63 is increasing. The Relative Strength Index is at 51.87 in the neutral territory. The Relative Momentum Index is at 56.71 in the neutral territory. An important indicator for Elliott waves, the Elliott oscillator is at 0.00, in positive territory; this is a bullish sign. An equally important indicator, the STORSI is at 23.33. This value is in the oversold territory.
British Pound / US Dollar is currently 3.9% above its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect very strong flows of volume into GBPUSD (bullish). Our trend forecasting oscillators are currently bearish on GBPUSD and have had this outlook for the last 1 periods.
Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish