GBP/USD Trading Analysis (24/07/2024)
The trend is up. The currency pair is trading in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator and the RSI indicator signal the oversold state.
Trading idea:
- Buy when the formation of the ascending wave …