FX.co ★ Forecast for GBP/USD on April 26, 2021

GBP/USD

Last Friday, the pound rose by 40 points, in today's Asian session it added another 25. The Marlin oscillator is moving up on the daily chart. The first target is the 1.3955 level, which coincides with the MACD line. Surpassing the level opens the second target at 1.4016 - the high on March 4.

The price settled above the MACD line on the H4 chart. Marlin is still in the negative area, but it won't be long. When the price approaches the 1.3955 target level, Marlin will already be in the growth area.