The currency pair GBP/USD on H4 Timeframe forms a strong Bullish Divergence. STS_ATR_Distance_Indicator shows that since the beginning of the Week the price has passed 78% of its Weekly ATR (Average Weekly Movement for the last 6 Weeks). STS_RSI_MTF_Indicator shows Oversold conditions from H4 to Monthly charts. The probability for upward movement is high and we have loaded our STS_Zig_Zag_Bot to open long positions on each H4 candle in which we have a descending 12-period Zig Zag and to close the positions at ascending 20-period Zig Zag. Currently, STS_Zig_Zag_Bot has opened 1 long position.
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