Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
Before addressing the operations of the company itself, which will help to inform this opinion, I want to briefly comment on MACD and RSI, just to rule out any interference from trading conditions.
Its histogram reveals a gradually increasing separation between the MACD and the signal line.
On the 4 hour chart, we can see that the latest leg higher diverged with the MACD which is generally a sign of weakening momentum often followed by pullbacks or reversals.
Source: https://www.forexlive.com/technical-analysis/gbpjpy-technical-analysis-20231129/
We can also see that GBPUSD on this timeframe has been diverging with the MACD, which generally indicates a weakening momentum that is often followed by pullbacks or reversals.
Source: https://www.forexlive.com/technical-analysis/gbpusd-technical-analysis-shift-in-sentiment-20230530/