- The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
- The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
- Price broke through the MVP line and rushed down. We consider this a sign for further GBPUSD price decrease.
- We are focused on the breakdown of the previous bottom, the target at the level of 1.333.
Chart & Analyst Comments