empty
 
 
23.04.2021 05:57 AM
Forecast for GBP/USD on April 23, 2021

GBP/USD

Yesterday, the pound sharply fell, having worked out a three-day correction of 50% from the previous gain since April 12. The pound has been growing today since the session started, and the Marlin oscillator is also turning up. The growth target is the MACD line, which coincides with the target level of 1.3955. If the price surpasses this level, the second target will be the 1.4016 level - the high on March 4.

This image is no longer relevant

The price, with the support of the upward turning Marlin oscillator, is trying to rise above the MACD line on the four-hour chart. Consolidating above it will make it easier for the price to enter the trajectory of recovering growth.

This image is no longer relevant

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • 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
  • 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

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback