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14.10.202105:28 Forex Analysis & Reviews: Forecast for GBP/USD on October 14, 2021

GBP/USD

Yesterday, the pound gained 73 points, which gave a good impetus to further growth, as it broke the MACD indicator line on the daily chart.

Exchange Rates 14.10.2021 analysis

The upside potential is determined by the embedded line of the price channel in the area of 1.3886. The Marlin Oscillator confirms this trend - it has moved into the zone of positive values.

Exchange Rates 14.10.2021 analysis

On the four-hour chart, the price has settled above both indicator lines, the Marlin Oscillator is in the growth zone. The trend is on the rise.

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Laurie Bailey,
Analytical expert of InstaForex
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