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08.11.202406:55 विदेशी मुद्रा विश्लेषण और समीक्षा: Forecast for GBP/USD on November 8, 2024

On Thursday, the British pound climbed back to the target level of 1.2994, likely driven by the influence of a double convergence. The Marlin oscillator almost reached the zero line, but the price fell short of reaching the Tuesday-Wednesday highs. This indicates a weakening of bullish momentum.

Exchange Rates 08.11.2024 analysis

If the price consolidates above 1.2994 and the oscillator moves into positive territory, the pound could advance towards 1.3080 or higher.

Exchange Rates 08.11.2024 analysis

The four-hour chart highlights the current uncertainty in price action. The price is caught between the MACD Line and the resistance level at 1.2994. However, a clear technical solution emerges: Consolidation above 1.2994 could lead to an advance toward 1.3080. Conversely, a move below the MACD Line (1.2947) opens the door for a retest of 1.2859.

*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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