By this moment the pound has closely approached the support level of a daily graph. The Alligator has closed his mouth and stopped giving sell signals due to corrective consolidation of the price. The Awesome oscillator shows a reverse and the end of the downside movement. The moment the Awesome oscillator enters the positive zone will be a buy signal for us.
The most interesting picture is demonstrated by the MACD. First, we have a primary buy signal caused by the location of the histogram in relation to the signal moving (the moving is located below the histogram). But the divergence between the MACD and the price (yellow lines in the chart) is the most interesting factor. This divergence gives us a buy signal.
S&R levels:
Support - 1.6261
Resistance - 1.6517
