empty
 
 
09.04.2025 04:31 AM
GBP/USD Forecast for April 9, 2025

On Tuesday, the British pound tested the lower boundary of the target range at 1.2816/47 with an upper shadow. This morning, the price managed to move inside this range. A consolidation above it will open the path toward the 1.3001 target.

This image is no longer relevant

The Marlin oscillator is showing optimism, rising steeply toward the boundary of the growth territory.

On the H4 chart, Marlin has not yet reached positive territory, and the price still faces the MACD line at 1.2886 above the target range.

This image is no longer relevant

Price consolidation within the 1.2816/86 range is likely until this resistance is reached. A breakout above 1.2886 would remove the final barrier for growth toward 1.3001.

Recommended Stories

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.