Scheduled Maintenance
Scheduled maintenance will be performed on the server in the near future.
We apologize in advance if the site becomes temporarily unavailable.
The British pound opened the new week with a downward gap, which still preserves bullish optimism. There remains potential for the price to return above the resistance level at 1.3433, thereby keeping the previous target at 1.3635 valid.
However, the Marlin oscillator remains in negative territory, making a quick reversal unlikely. On the H4 chart, the price clearly intends to break above the 1.3433 resistance, yet the Marlin oscillator still has not exited its descending zone.
A breakout above the MACD line at 1.3490 will be the main confirmation of a bullish reversal. By that time, Marlin is also expected to move into positive territory.
Scheduled maintenance will be performed on the server in the near future.
We apologize in advance if the site becomes temporarily unavailable.
QUICK LINKS
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at First Floor, SVG Teachers Co-operative Credit Union Limited Uptown Building, Corner of James and Middle Street, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
Contact Us 
