empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

21.08.202405:04 Forex Analysis & Reviews: Forecast for GBP/USD on August 21, 2024

The British pound is rising faster than expected. There are just 70 pips left to the target level of 1.3080, and the Marlin oscillator on the daily chart has yet to reach the horizontal level of 0.0198.

Exchange Rates 21.08.2024 analysis

If the price hits the target level and Marlin touches its resistance and reverses, it will also be considered a divergence. However, a divergence is already present since the price exceeded the peak of July 17th yesterday. It is moving towards a potential medium-term decline for the pound. This may be triggered by Powell's Friday speech at the Jackson Hole symposium. We believe that the Federal Reserve chair will temper market expectations for an accelerated pace of rate cuts.

Exchange Rates 21.08.2024 analysis

In the 4-hour chart, the Marlin oscillator rarely declines, while the price rises by 2.5 figures while maintaining the divergence created earlier. The price might reverse downward towards 1.2760 from the current levels or the resistance at 1.3080. If the price moves above 1.3080, the target of 1.3160 could be achieved with a strong short-term movement.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2025
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.