Forecast for GBP/USD on June 24, 2019

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GBP/USD

Last Friday, the British pound made its way through the resistance of the embedded line of the price channel of the daily chart and now intends to continue to grow to the MACD line on the daily. The Marlin oscillator on both graphs does not provide reversal signals. On the four-hour chart, the price is above the balance lines (indicator red) and MACD (blue). A target of 1.2840 is open.

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The material has been provided by InstaForex Company – www.instaforex.com

Source:: Forecast for GBP/USD on June 24, 2019

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