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02.09.202408:51 विदेशी मुद्रा विश्लेषण और समीक्षा: Forecast for GBP/USD on September 2, 2024

On Friday, the British pound reached the target range of 1.3095-1.3120. Today, it is correcting upward from that level. The daily Marlin oscillator has also paused, taking a short break before a further decline.

Exchange Rates 02.09.2024 analysis

This break is necessary for the pound to gather strength before overcoming the support level reached. If the price holds below 1.3095, it opens the path to the target at 1.2994.

On the four-hour chart, the price has settled below both indicator lines, while Marlin continues to move in negative territory.

Exchange Rates 02.09.2024 analysis

On the way to 1.3220, there are three minor resistance levels formed between August 26 and 30; therefore, the corrective rise may take the form of a simple sideways movement within the 1.3120-1.3220 range.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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