GBP/USD

Yesterday, the British pound stayed above the target level of 1.2427 and above the Fibonacci corrective level of 23.6%. The Marlin oscillator is rising, and if the April 15-18 highs do not offer serious resistance, the price may rise to the intermediate level of 1.2525 – up to the corrective level of 38.2%. However, there is one troubling factor in this beautiful plan – trading volumes are decreasing every day, which means that the correction can end at any moment, regardless of record levels. All it takes is a signal.


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