empty
 
 
14.09.2021 05:44 AM
Forecast for GBP/USD on September 14, 2021

GBP/USD

Yesterday, the British pound pierced the balance indicator line with the lower shadow of the daily candle and closed the session at the opening level. The price is going up this morning. It can be assumed that yesterday's downward movement was a false move. The Marlin Oscillator is moving horizontally, but in a growing trend zone, this is a sign of a future upward movement. The 1.3930 target is the closest embedded line of the rising price channel.

This image is no longer relevant

On the four-hour chart, the price settled above the balance and MACD indicator lines, the Marlin Oscillator had previously turned upward from the zero line. The trend is upward in the short term (up to two weeks).

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 $9000 more!
    In May we raffle $9000 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