The pound continues to settle before the resistance at 1.2420. On the daily chart, the signal line of the Marlin oscillator is slightly inclined downward,
Yesterday, the pound almost closed the day at the opening level, increasingly supporting the resistance level of 1.2420. The signal line of the Marlin oscillato
The British pound failed to cross the resistance of the target level of 1.2420 yesterday, and it closed the day by falling 47 pips while the Marlin oscillator
The fourth day of price consolidation before the resistance at 1.2420 begins. Settling above this mark will allow the price to continue rising to the target
It took the British pound three days to cross the resistance of 1.2410. The pound might still get some support for further rally if it could cope with Friday's
The British pound has not yet succumbed to the pressure of the stock market. The U.S. S&P 500 was down 0.76% yesterday, and the British FTSE100 by 1.07%.
Yesterday, the British pound tested the target level of 1.2410, as it was in mid-December. Now the pound can continue to decline to the nearest support at 1.215
The British pound gained 93 points on Tuesday. On the daily chart, the Marlin oscillator rose as well. The price is noticeably above the balance indicator line.