Pair GBPUSD M30: 1 - Yesterday, there was a forecast for a selling entry point on the Pound from the level of 1.33709. The price broke this level and managed to reach the first target at 1.33628, and then the second at 1.33504.
2 - Speaking of the Bollinger Bands situation, the price is within the central area of the bands, and the bands themselves started to curl inwards. 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 approached the zero level. If we see a cross through zero and active growth in the negative zone soon, we will get a stronger signal for price decrease. Conversely, a new acceleration in the positive zone will signal an increase in quotes.
4 - In this situation, the entry point for buying can be placed at the level of 1.33504. Price growth with an active breakthrough and consolidation can be expected up to the levels of 1.33628 and 1.33709.
5 - Sales in the current conditions can be considered from the level of 1.33147. If the price falls with an active breakthrough and consolidation, it may continue to the levels of 1.33027 and 1.32762.
