Forecast for GBP/USD on December 30, 2020

GBP/USD


The British pound gained 50 points yesterday, but this growth is not supported by the Marlin oscillator, which has already formed a triangle and is ready to leave it. The structure of the triangle of five formed branches suggests a breakdown of the oscillator to the downside. If nothing unexpected happens, then we are waiting for the price to reach the support of the MACD line in the 1.3270 area. But by January, of course.


The four-hour chart shows that the price is rising above the balance and MACD indicator lines, the Marlin oscillator just as sluggishly (as on the daily chart) follows the price. If the price falls under the MACD line, below 1.3465, this will entail a shift of the oscillator to the negative area. This will be the first signal to attack the target level of 1.3270.




0 views0 comments

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