Pair GBPUSD M30: 1 - Over the weekend, there was a forecast for a buying entry point on the Pound from the level of 1.36536, but the price opened above this level.
2 - Speaking of the Bollinger Bands situation, the price is within the central area of the bands, and the bands themselves are curling inside. Movement from here can continue in any direction, and to get a quality signal for price increase or decrease, it is worth waiting for an active touch of the upper or lower band, and then assess whether the bands will expand outward or if there will be no reaction.
3 - The Awesome Oscillator indicator is fading in the positive area, signaling a price decrease. If we see a cross through zero and active growth in the negative area soon, we will get a stronger signal for a price drop. Conversely, a new acceleration in the positive zone will signal a price increase.
4 - In this situation, the entry point for buying can be placed at the level of 1.36669, and price growth with an active breakout and consolidation can be expected up to the levels of 1.36788 and 1.36926.
5 - Sales in the current conditions can be considered from the level of 1.36536, and in case of an active breakout and consolidation, the price drop can continue to the levels of 1.36398 and 1.36312.
