GBPUSD 4 Hour Analysis (20 July 2023)
1. Price is in divergence with Stochastic
2. Also, we can expect some bullish moves
based on stochastic oversold area and also
having a bullish divergence in stochastic
3. next for bullish confirmation we have to
wait for the price to cross the 0.382 level
4. For bearish entry, we need to wait till
the price crosses 0.5 level and also for this
we can wait and take values from ADX/DMI
1. Price is in divergence with Stochastic
2. Also, we can expect some bullish moves
based on stochastic oversold area and also
having a bullish divergence in stochastic
3. next for bullish confirmation we have to
wait for the price to cross the 0.382 level
4. For bearish entry, we need to wait till
the price crosses 0.5 level and also for this
we can wait and take values from ADX/DMI