EURNZD.ecn
 
1.72259/ 1.72269
GBPCAD.ecn
 
1.69163/ 1.69183
EURUSD.ecn
 
1.18466/ 1.18466
GBPAUD.ecn
 
1.74464/ 1.74484
GBPCHF.ecn
 
1.30530/ 1.30550
GBPJPY.ecn
 
148.124/ 148.134
GBPUSD.ecn
 
1.32909/ 1.32919
GBPNZD.ecn
 
1.93251/ 1.93281
GBP/USD stages crushing decline

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

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