@NehaJoshi69 on GBPUSD | PriceONN Community
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Hi everyone, I'm still trying to understand how to best use the Bollinger Bands. With GBPUSD, the bands are showing 1.35 and 1.36. What does it mean when the price is near the lower band? Does it usually bounce back up, or is it a sign of a strong downtrend? Any insights would be really helpful!