Traders in the financial markets often struggle to capture the opportune moment to buy or sell. Markets are inherently unpredictable and can swing rapidly in unexpected directions. Consequently, ...
The Moving Average Convergence Divergence (MACD) indicator is a powerful tool that has gained popularity among forex traders for its ability to provide clear insights into market trends and momentum.
Sterling’s momentum is recovering towards the zero line. MACD 12 & 26 had a bearish cross above the zero line. Prices have made a break past the middle Bollinger band but rebounded downwards without ...