GBB/USD price has been consolidating inside a triangle, inside a long term range A price breakout to the upside could see price reaching the upper range line RSI bullish divergence increases the probability for upside move. The price of GBP/USD has been consolidating in a even narrowing range inside what appears to be a symmetrical triangle. Read More …
Tag: RSI
EUR/USD Technical Analysis – Could the Bears Be Letting It Go?
EUR/USD has moved in a bearish channel during the last couple of months RSI is indicating a divergence that needs to be completed by a price breakout Possible head and shoulders pattern needs to be confirmed by price breakout too While the EUR/USD has been slipping downwards during the last couple of months several indications show Read More …