Forecast for GBP/USD on April 1, 2024

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01.04.2024 06:47 AM

GBP/USDOver the last four sessions, the British pound has been consolidating above the support at 1.2596 and below the balance indicator line. Most likely, this pattern will lead to a break below the support and the price will fall to the first target at 1.2500.The signal line of the Marlin oscillator is moving horizontally in the downtrend territory, which also hinders the price from building a corrective rise. If the price manages to break above, it will encounter intermediate (and

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