29.11.2023 05:25 AM
Technical Analysis of Daily Price Movement of GBP/USD Main Currency Pairs, Wednesday, November 29 2023.

This image is no longer relevant

With the broken of three main level at CCI indicator and also hold on to the area level of 100 - 0 as well as the price movement which is moving above WMA 30 shift 2 on the daily chart, then the GBP/USD main currency pairs is clearly on the strengthening condition, although in the near future has the potential to corrected under the level area of its bullish Fair Value Gap, the important thing is that as long as those correction doesn't exceed under the level of 1,2264, then in a few days ahead, Cable still has the potential to continue its strengthening to the level area of 1,2748-1,2844.


Can't speak right now?
Ask your question in the chat.