Long term analysis
Pair in very strong resistance areas represented:
1 - historical resistance represented by the levels of Mory Math on the four hours of H4 -H4
2 - Very strong buying signals at the resistance levels of Stochastic , RSI and CCI
3 - The pair reached according to the Pound index at the medium band and in the case of stability below it gives strength to sell
4 - The pair now is at the initial levels of Fibonacci levels at each of the 50-61.8 and can be touched and then drops
Pair in very strong resistance areas represented:
1 - historical resistance represented by the levels of Mory Math on the four hours of H4 -H4
2 - Very strong buying signals at the resistance levels of Stochastic , RSI and CCI
3 - The pair reached according to the Pound index at the medium band and in the case of stability below it gives strength to sell
4 - The pair now is at the initial levels of Fibonacci levels at each of the 50-61.8 and can be touched and then drops