The GBP/USD is at a critical juncture with bearish signals dominating the current trend. Traders should watch the identified demand zone for potential buying opportunities. The RSI oversold condition and the proximity of long-term moving averages add to the potential for a bullish reversal in FVG area.
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.