GBP/USD
Yesterday, amid the general weakness of counterdollar currencies, the pound did not fight the resistance of the daily MACD line and fell by 24 points.
It continues to fall today, but in order to completely form the condition for the continuous decline, it is necessary to overcome the signal level of 1.3786, which will open the way to the target range of 1.3646/70. Exit above yesterday's high, above the MACD line (1.3877) will give the pound new strength to rise to the target level of 1.4069.
On the four-hour scale chart, the price is decreasing along with the balance indicator line, the Marlin oscillator is being introduced into the zone of negative values. But it (Marlin) can turn upwards from the zero line. An uncertain situation for the pound will remain in the range of 1.3786-1.3877.
