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19.04.202205:43 Forex Analysis & Reviews: Forecast for GBP/USD on April 19, 2022

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The British pound made a small attempt to grow yesterday, but did not overdo it and closed the day with a decline worth 36 points. The signal line of the Marlin Oscillator on the daily scale chart is still in a sideways trend, but already in the zone of negative values. The nearest target at 1.2900 seems achievable in the coming days.

Exchange Rates 19.04.2022 analysis

The trend is generally downward on the four-hour chart: the price has consolidated under both indicator lines, the Marlin Oscillator is decreasing in negative territory - in the zone of a downward trend.

Exchange Rates 19.04.2022 analysis

Laurie Bailey
Analytical expert of InstaForex
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