GBP/USD
On Tuesday, the pound grew by 58 points due to the decision of the Supreme Court of England to return work to the Parliament. But the price retreated today during the Asian session. It is not yet clear how much Brexit's risk will be reduced without a deal, but in order to confidently pull down the British pound, it is necessary to overcome two signal levels: 1.2437 - September 19 low - this will signal an attack on the second signal level 1.2381 - July 17 low, and only after overcoming it will the target of 1.2230 open as the Fibonacci level of 223.6% on the daily chart.
The growth scenario will open after the price consolidates above the Fibonacci level of 161.8% (1.2548). Here, the first target will be 1.2668, then 1.2744.
On a four-hour chart, the price stopped on the MACD line, the Marlin oscillator is trying to go below the zero line, into the zone of negative numbers. It remains to wait for the development of the situation. Formally, the probability of growth is 60%, but at the breaking of trends it is always like that ...
