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British Pound / U.S. Dollar

GBPUSD Bollinger Divergence with %B Application

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In a downtrend, if the price keeps dropping while %B forms higher lows, it could indicate that sellers are losing strength, potentially signalling a reversal or pause in the trend.
shermanchoo
*10,000 pips* SSE index tradingview.com/chart/000001/MPhgBgg4-Bullish-SSE-in-May-2024/ - Crypto tradingview.com/chart/BTCUSD/cqmbpOyg-BTC-next-level-40k/ - Forex tradingview.com/chart/GBPAUD/RW1n15Uv-GA-250pip-pullbacks/ forex-family.com
bollingerbandstrategyTechnical Indicators

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
bollingerbandstrategyTechnical Indicators
shermanchoo
*10,000 pips* SSE index tradingview.com/chart/000001/MPhgBgg4-Bullish-SSE-in-May-2024/ - Crypto tradingview.com/chart/BTCUSD/cqmbpOyg-BTC-next-level-40k/ - Forex tradingview.com/chart/GBPAUD/RW1n15Uv-GA-250pip-pullbacks/ forex-family.com

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.