FX.co ★ Forecast for GBP/USD on April 19, 2022

The British pound made a small attempt to grow yesterday, but did not overdo it and closed the day with a decline worth 36 points. The signal line of the Marlin Oscillator on the daily scale chart is still in a sideways trend, but already in the zone of negative values. The nearest target at 1.2900 seems achievable in the coming days.

The trend is generally downward on the four-hour chart: the price has consolidated under both indicator lines, the Marlin Oscillator is decreasing in negative territory - in the zone of a downward trend.