24.03.202217:17 Forex Analysis & Reviews: GBP/USD forecast on 24 March, 2022

outlook doesn't provide any directional clues. In order to attract bulls, GBP/USD needs to reclaim 1.3200 (psychological level, Fibonacci 50% retracement of the latest downtrend) and start using that level as support. In that case, the pair could regain its traction and eye 1.3250 (Fibonacci 61.8% retracement) and 1.3300 (psychological level, weekly high).

On the downside, key support aligns at 1.3160 (Fibonacci 38.2% retracement, 100-period SMA on the four-hour chart). With a four-hour close below that level, 1.3100 (psychological level) could become the next bearish target.

*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。

Jan Novotny,
Analytical expert of InstaSpot
© 2007-2026

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