@dsharma33 on GBPUSD | PriceONN Community
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I'm seeing the RSI at 66 on the H4 chart for GBPUSD, which is approaching overbought territory. I've been reading about divergence and how it can signal a reversal. Can anyone explain how to properly identify bullish or bearish divergence on the MACD indicator for this pair? I want to make sure I'm not missing any crucial signals before considering a position, especially with the Fed's recent commentary.