FX.co ★ Forecast for GBP/USD on March 23, 2022

The British pound's weakness from yesterday was deceptive. As a result, the growth amounted to 94 points and the target level of 1.3270 was reached. This morning the price went above the level and went to the next target at 1.3323. If the pound surpasses this level, then it can move further to 1.3370 – to the MACD line of the daily time scale. The Marlin Oscillator crossed the border with the growth territory.

The price continues to rise on the four hour chart. There is a weak sign of the formation of a weak divergence. It may not be, the price will reach the target level of 1.3323 with a 70% probability. The possibility of further growth, to the level of 1.3370, is a big question, although in most cases, before the medium and long-term trends, the price retests the MACD daily line.