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22.07.202404:53 विदेशी मुद्रा विश्लेषण और समीक्षा: Forecast for GBP/USD on July 22, 2024

GBP/USD

On Friday, the pound sterling fell by 30 pips. This morning, the price started a minor correction. A drop below Friday's low (1.2900) will strengthen the move toward the target support at 1.2847.

Exchange Rates 22.07.2024 analysis

By then, the Marlin oscillator will likely reach the zero line, making 1.2847 a key level in determining the price's future direction—either a return above 1.2989 or a breakthrough to 1.2633.

Exchange Rates 22.07.2024 analysis

On the 4-hour chart, the price has consolidated below the balance and MACD indicator lines, with the Marlin oscillator having moved onto a downward trajectory noticeably earlier and it even managed to correct slightly higher. Now, a brief consolidation in the July 11-12 range (gray rectangle) is possible, after which the decline toward the nearest target of 1.2847 will resume.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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