Hello Traders,
Hidden Bearish Divergence is forming on the 1D MACD/Price Chart for the GBPUSD. RSI is also hitting a moderate resistance level nearing OVERSOLD territory. I will be watching for the close of the current candle to finish the formation of Hidden Bearish Divergence.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
Hidden Bearish Divergence is forming on the 1D MACD/Price Chart for the GBPUSD. RSI is also hitting a moderate resistance level nearing OVERSOLD territory. I will be watching for the close of the current candle to finish the formation of Hidden Bearish Divergence.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*