empty
 
 
pt
Suporte
Abertura instanânea da conta
Plataforma de negociação
Depósito/Retirada

01.04.202406:47 Forex Analysis & Reviews: Forecast for GBP/USD on April 1, 2024

GBP/USD

Over the last four sessions, the British pound has been consolidating above the support at 1.2596 and below the balance indicator line. Most likely, this pattern will lead to a break below the support and the price will fall to the first target at 1.2500.

Exchange Rates 01.04.2024 analysis

The signal line of the Marlin oscillator is moving horizontally in the downtrend territory, which also hinders the price from building a corrective rise. If the price manages to break above, it will encounter intermediate (and not weak) resistance at 1.2666 - the low of March 19.

Exchange Rates 01.04.2024 analysis

On the 4-hour chart, the price has come close to the MACD line, and the Marlin oscillator is attempting to rise in the positive territory - helping the price to rise above the MACD line. If the price can overcome not only the MACD line but also the key level of 1.2666, the upward movement may extend to the target level of 1.2745. However, for now, we're waiting for a price reversal from the nearest resistance and an attempt to break below the support at 1.2596.

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2025
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

Não pode falar agora?
Faça sua pergunta no chat.