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14.10.2021 05:28 AM
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.

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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.

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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.

Laurie Bailey,
Analytical expert of InstaForex
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