Today is a holiday in the UK, so if the pound continues its corrective growth without English traders, they will only be happy about it, as the growth will allow them to sell at a higher price. The Marlin Oscillator is growing on the daily chart, the price may gradually consolidate before the main events on Tuesday and Wednesday. In the future, we expect the pound to go under the target range of 1.2436/76 and move towards 1.2250 – the June 2020 low.
Today is a holiday in the UK, so if the pound continues its corrective growth without English traders, they will only be happy about it, as the growth will allow them to sell at a higher price. The Marlin Oscillator is growing on the daily chart, the price may gradually consolidate before the main events on Tuesday and Wednesday. In the future, we expect the pound to go under the target range of 1.2436/76 and move towards 1.2250 – the June 2020 low.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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