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GBP/USD
Yesterday, the British pound made another attempt, after Wednesday's rise, to start an upward movement, but it was impossible to surpass the Wednesday high. And this morning, the price broke below the support level at 1.2427.
Up to this point, the Marlin oscillator has not been eager to help the price; it's been busy doing its own job—releasing tension in front of the oversold territory for a more convenient downward movement. But now it has turned downwards. The nearest target for the pound is 1.2370—the November 17, 2023 low. Then comes the struggle to consolidate within the range of 1.2287-1.2307.
On the 4-hour chart, the price is preparing to consolidate below the level of 1.2427. The Marlin oscillator has moved into negative territory. The signal for further downward movement has been formed.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
