Hello fellow community members,
Today GBPUSD seems to be consolidating after a strong up move. I have placed a buy order in the pair with stop loss below the day low as the RSI and 50 periods moving average are supporting the pair.
GBPUSD 4H CHART
Happy trading to all.
Today GBPUSD seems to be consolidating after a strong up move. I have placed a buy order in the pair with stop loss below the day low as the RSI and 50 periods moving average are supporting the pair.
GBPUSD 4H CHART
- MACD is showing buy
- RSI is rising.
- Stochastic is also buy mode.
Happy trading to all.