COSMOS4U AdMACD Indicator under 16, 24, 16, 16 parameters given by COSMOS4U technical analysis research department, generated a buy signal for GBPUSD spot price in H1 timeframe (06 DEC 2018 12:00 PM UTC).
The long signal is strong because the crossover has taken place below the zero line, thus determining the prevailing market trend.
The moving average MA(6) hourly volume is above the MA(16) hourly volume, so the confirmation signal, given by COSMOS4U Volume Indicator, is strong. The difference between the Bull and Bear Volumes for the last 16 hours is bullish.
Stay in touch for future signals so as to keep abreast with trader sentiment shifting.
For more info about COSMOS4U AdMACD trading system, please click here
For more info about COSMOS4U AdMACD Indicator FOREX optimized parameters, please click here
For COSMOS4U AdMACD Metatrader products, please click here