Is the Pound Dollar flipping bullish?
Could we be nearing a bottoming range for the GBPUSD chart? We've been downtrending for a year and 2 months however we can see that the RSI is failing to put in new lows, this could be suggesting that we are well overdue for some bullish price action or at least a relief rally.
Let's keep an eye on this chart and see when our Supertrend flips green as its historically been a great indicator for detecting shifts in mid to long-term trends.
Let's keep an eye on this chart and see when our Supertrend flips green as its historically been a great indicator for detecting shifts in mid to long-term trends.
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