SAXO:GBPCNH   British Pound/Offshore Chinese Renminbi
As can be seen, the price has been falling for a while. Now, the price entered a platform where the Bollinger Bands also shrunk. So, where would the price go after that?
The Bollinger Bands shows a signal that the price would break out in the near future.
So, what could this big change be?
Let’s take a look at other signals.
First, the MACD is in an upward trend, so does the RSI, which means that they are showing bullish signals.
Next, let’s see the Fib I made. The platform is just at the level below 0.236, which means there could be a potential to go up.
Let’s expect the price to go up

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.