The GBPUSD pair has faced selling pressure after failing to breach the upper boundary of the Bollinger Bands. This indicates a weakening bullish momentum. The Stochastic indicator, currently in the overbought zone, further enhances the possibility of a downward correction, suggesting that prices are in an overbought condition.
The inability of the price to break through this resistance might trigger profit-taking actions among traders, which could drive the GBPUSD back towards the nearest support level. Should selling pressure intensify, the currency pair risks continuing its decline towards lower support levels.
Currently, the Stochastic is beginning to decline from the overbought condition on the 15-minute chart for GBPUSD, signifying that the upward momentum is starting to lose strength. When the Stochastic indicator indicates an overbought condition, the likelihood of a reversal or downward correction increases. This suggests that GBPUSD prices are at risk of experiencing a downturn in the near future. If selling pressure begins to enter the market, this currency pair could move down towards the next support level at 1.28670.
技術リファレンス: 売る 1.29665以下
潜在的 ストップロス 1: 1.29440
潜在的 ストップロス 2: 1.29665
潜在的 利益確定 1: 1.28845
潜在的 利益確定 2: 1.28675
