Forecast for GBP/USD on December 23, 2020

GBP/USD


The British Pound fell by 100 points on Tuesday due to England's closure brought on by the development of a new type of Coronavirus. As it became known, it came as a result of adaptation to therapeutic drugs. The price still adheres to the balance indicator line on the daily scale chart but the Marlin Oscillator is in the downward trend zone. The price going under the Kruzenshtern line below 1.3245 will increase pressure on the currency pair. Further targets are 1.3108 (November 13 low) and 1.3005 (September 16 high and August 12 low).

On the four-hour chart, the price is fixed under the balance line and the Kruzenshtern line. The Marlin oscillator is in the negative zone. We are waiting for a further drop in the price.



Credit 

Caution:

Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose, you must recognize that for factors outside your control you may lose all of the money in your trading account. Many forex brokers also hold you liable for losses that exceed your trading capital. So you may stand to lose more money than is in your account. Smart Analysis Pvt takes not responsibility for loss incurred as a result of our trading signals. By signing up as a member you acknowledge that we are not providing financial advice and that you are making a the decision to copy our trades on your own account. We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our signals or advice on forex related products on this website.

PayPal

Credit  & Debit Card

  • Black Facebook Icon
  • Black Instagram Icon
  • Black YouTube Icon

© 2023 by Personal Life Coach. Proudly created with Wix.com