The weekly money flow index has breached rising trend line and is turning lower from the overbought territory.
On the daily chart, both RSI and money flow index are yet to hit the overbought territory, hence we could see prices revisit record high level around 7130, especially now that GBP/USD has breached 1.27 level.
On the lower side, 6973 remains a strong support.
On the daily chart, both RSI and money flow index are yet to hit the overbought territory, hence we could see prices revisit record high level around 7130, especially now that GBP/USD has breached 1.27 level.
On the lower side, 6973 remains a strong support.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.