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FX.co ★ Forecast for GBP/USD on October 14, 2021

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Forex Analysis

2021-10-14T03:28:14
iconRelevance until2021-10-15

Forecast for GBP/USD on October 14, 2021

GBP/USD

Yesterday, the pound gained 73 points, which gave a good impetus to further growth, as it broke the MACD indicator line on the daily chart.

Forecast for GBP/USD on October 14, 2021

The upside potential is determined by the embedded line of the price channel in the area of 1.3886. The Marlin Oscillator confirms this trend - it has moved into the zone of positive values.

Forecast for GBP/USD on October 14, 2021

On the four-hour chart, the price has settled above both indicator lines, the Marlin Oscillator is in the growth zone. The trend is on the rise.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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