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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.
GBP/USD
Last Friday, the British pound made its way through the resistance of the embedded line of the price channel of the daily chart and now intends to continue to grow to the MACD line on the daily. The Marlin oscillator on both graphs does not provide reversal signals. On the four-hour chart, the price is above the balance lines (indicator red) and MACD (blue). A target of 1.2840 is open.
