FX.co ★ kavon.collins | Game of Life: Visionary Insights into the Forex Market!

Pair GBPUSD D1: 1 - Sellers in the Pound opened with a decent gap down, let's see if they can take advantage of this or if buyers will quickly cover it. Looking at the Bollinger Bands situation, the price pulled back to the central band area. Movement from here can continue in any direction, and to get a quality signal for price increase or decrease, it's worth waiting for an active touch of the upper or lower band, and then assess whether the bands will expand outward or not. In terms of fractals, the target for price increase remains the nearest fractal upwards, its breakout and consolidation will allow the price to move towards the fractal from February 26 at the level of 1.35745. The nearest fractal downwards is far from the current quote value, so waiting for a new closer fractal to appear is necessary to have something to rely on for a price decrease. 2 - The Awesome Oscillator indicator crossed the zero level, if we see more active acceleration in the positive zone in the next 2-3 trading days, we will get a stronger signal for price increase. Conversely, new acceleration in the negative zone will signal a decrease in quotes.