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GBP/USD
Yesterday, the British pound almost reached the target support at 1.2610. The day closed with a black candle, and the price fell below both indicator lines on the daily chart. We hope that the price will not return above the MACD line (1.2677), because in this case, the pair may follow an alternative scenario, with the target level at 1.2745.
The Marlin oscillator is still in the bullish territory, so it is quite difficult to expect the price to move towards the first target of 1.2610. Overcoming this level will pave the way for the price to reach the target at 1.2524.
On the 4-hour chart, the price is entangled in the indicator lines. The Marlin oscillator is in the downtrend territory, pulling the short-term trend to the bearish side. To solidify the trend, the price needs to drop below the support of the MACD line, below the 1.2640 mark. In this case, the pound will make another attempt to overcome 1.2610.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
