GBP / USD
The British pound on Thursday showed sluggish growth, but if the euro continues to strengthen at yesterday's brisk pace, the pound may also follow it. At the current time, on the daily chart, the Marlin oscillator signal line is turning up from the zero lines and the price from the Kruzenshtern line (blue indicator) is unfolding on the four-hour chart. The immediate goal is the resistance of the daily price channel line, which coincides with the balance line, and successfully overcoming it will open the way to the range of 1.2810 / 80. The upper limit of the target range is the Kruzenshtern line of daily scale. Fixing the price below yesterday's low (1.2615) will create prerequisites for a decline to 1.2490, support for the nested line of the price channel.
The material has been provided by InstaForex Company - www.instaforex.com
