empty
 
 

22.06.202205:08 Forex Analysis & Reviews: Forecast for GBP/USD on June 22, 2022

The pound rose by 25 points on Tuesday, in today's Asian session it blocked this growth. If the price manages to consolidate under 1.2250, then it will go to the target level of 1.2073 with fresh forces. The Marlin Oscillator is turning down without leaving the downward trend zone. The probability of a decrease of 55-60%.

Exchange Rates 22.06.2022 analysis

As long as there is no consolidation under 1.2250, the price may move up to the MACD line of the daily scale and to the target range of 1.2436/76.

Exchange Rates 22.06.2022 analysis

The price is currently struggling with the support level of 1.2250 on the four-hour chart. But this is only the first obstacle to the development of a downward wave, below it is the MACD line, at around 1.2200. With overcoming this level, the path to 1.2073 will be completely open. By the same time, the Marlin Oscillator will also move into negative territory.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2022
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • Ferrari from InstaForex
    Top up your account with at least $1,000
    join the contest and win Ferrari
    F8 Tributo
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and win $1,000
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.