Trading Conditions
Products
Tools
GBP/USD
Yesterday, the British pound failed to reach a Fibonacci correction level of 110.0% at a price of 1.3321, the situation remained unchanged at the end of the day - the price still lies on the MACD four-hour chart, the double divergence with the Marlin oscillator did not change on a daily scale. On the four-hour chart, the marlin oscillator slightly entered the decline territory.
Consolidating the price below the signal level 1.3210 (high of January) opens up the possibility of a sharper fall to support the MACD line on the daily chart 1.3000.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.