FX.co ★ Forecast for GBP/USD on December 24, 2020

GBP/USD

Yesterday, investors successfully gained what the pound lost on Tuesday, as the dollar weakened. This morning, the GBP/USD pair is heading to the upper target of 1.3680. We do not know if the price will be able to reach it in the thin market by Monday. It is much easier to make money on sales, since the fundamental background allows it.

The four-hour chart shows that there is also an upward trend - the price is above both indicator lines, while Marlin is growing in the positive zone. We advise you to skip this signal and wait for the opposite. But, most likely, this will happen next week.