FX.co ★ dusty24 | GBP/USD

Pair GBPUSD M5: 1 - The pound on the 5-minute chart has actively crossed above the upper band, but the lower band has not yet actively expanded outward. To receive a stronger signal for price growth in this situation, it is worth waiting for both bands to actively expand outward, not just the upper one. 2 - The AO indicator is trying to form an increase in the positive area, but to get a stronger signal for price growth, it is worth waiting for an active acceleration of the AO. If we see a decrease towards the zero level, we will get a stronger signal for price decline. 3 - The entry point for buying can be considered from the level of 1.25111. Price growth after a breakthrough and consolidation can be expected up to the level of 1.25216. 4 - The entry point for selling in the current situation can be placed at the level of 1.24879, a decline in quotes after a breakthrough and consolidation can be expected down to the level of 1.24704.