GBP/USD 09.27.2019 – Bullish divergence on the MACD oscillator and potential rally in the play

GBP/USD has been trading downward as I expected yesterday. The support was found at the swing low 1.2287. I expect potential rally back to 20EMA on the 4h time-frame. Yellow rectangle – Support levels Red rectangle – Swing low acting like resistance Rising purple line – Expected path MACD oscillator is showing bullish divergence, which […]