GBP/USD stages crushing decline 2016年9月17日 上午2:02

GBP/USD stages crushing decline

16 September 2016, 21:01

The 1-hour GBP/USD MACD series is sitting at extreme lows.

Recent plummeting GBP/USD price action has been highlighted by an above-average distance between MACD and its signal line. From a strategic standpoint, there could be further stomach-churning dips to endure, as well as brief relief rallies. The latest MACD print shows dissipation of downside momentum, thus reinforcing the second scenario.

GBP/USD 0001-01-01T00:00:00
0/0 (0%)
H0 L0

S3 S2 S1 R1 R2 R3
1.3055933316548 1.3064066569010 1.3076233466466 1.3096533616383 1.3104666868845 1.3116833766301
Trend Index OB/OS Index
Bearish Extremely Oversold