- According to the Current Ratio indicator, the market crowd inclined to believe in a downward movement. We recommend Long trade for today.
- The last downward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.
- Price broke through the MVP line and rushed up. We consider this a sign for further GBPUSD price increase.
- The SLC indicator displays a cluster of Stop Losses and Stop orders at the previous high level, which according to our forecast, is good for placing Take Profit.
Chart & Analyst Comments
