Get started
BlackBull_Markets

Is the Pound Dollar flipping bullish?

BlackBull_Markets Broker  
BLACKBULL:GBPUSDP   None
Trend Analysis Technical Indicators Chart Patterns GBPUSD Forex crypto NZDUSD supertrend Relative Strength Index (RSI) trend analysis technical
7
0
trendanalysis indicator chartpattern gbpusd forex crypto nzdusd supertrend relativestrengthindex trend analysis technical
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.
Import the BlackBull Markets Economic Calendar:
blackbull.com/en/economic-calendar/?utm_source=tradingview

Free TradingView Essential with BlackBull Markets: www.blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Disclaimer

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.