- The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
- The Ratios indicator shows the change in the ratio of market players towards sellers. Their increase while the uptrend may indicate the activity of averaging traders. This can serve as "fuel" for further uptrend.
- Price broke through the MVP line and rushed up. We consider this a sign for further GBPUSD price increase.
- The trade is aimed at the previous high breakout. The SLC indicator signals us to set our target at the level where most Stop Losses are placed - 1.3525
Chart & Analyst Comments