Main Quotes Calendar Forum
flag

FX.co ★ Forecast for GBP/USD on October 13, 2022

parent
Forex Analysis:::2022-10-13T03:16:09

Forecast for GBP/USD on October 13, 2022

Yesterday, the pound gained 130 points, returning to Monday's range. The price did not reach resistance at 1.1170, which was prevented by the Marlin Oscillator, which turned down from the zero line (daily).

Forecast for GBP/USD on October 13, 2022

Following the price of the oscillator indicates the price's weakness. As a result, the price may quickly decline to the nearest support (1.0820) and even try to gain a foothold under it.

Forecast for GBP/USD on October 13, 2022

On a four-hour scale, the price is winding up on the MACD line, which in general looks like a consolidation under the resistance of 1.1170. The signal line of the Marlin Oscillator is turning down from the zero line. The subsequent consolidation under the MACD line, with the support of Marlin, may turn out to be more effective than it was yesterday and the day before yesterday.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...