Technical Analysis of Daily Price Movement of GBP/USD Main Currency Pairs, April 05 2023.
April 5, 2023 6:24 am
With the Golden Cross crossing between MA 20 and 200 still occurring and the Awesome Oscillator indicator being above the Positive area on the Cable’s daily chart, GBP/USD in the next few days will try to go to the 1.2659 level as long as there is no significant correction to the downside. the level of 1.2189 because if this level is successfully broken down then it is very likely that the Bull scenario will become invalid.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
With the Golden Cross crossing between MA 20 and 200 still occurring and the Awesome Oscillator indicator being above the Positive area on the Cable’s daily chart, GBP/USD in the next few days will try to go to the 1.2659 level as long as there is no significant correction to the downside. the level of 1.2189 because if this level is successfully broken down then it is very likely that the Bull scenario will become invalid.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
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