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