empty
 
 
18.11.2022 04:54 AM
Forecast for GBP/USD on November 18, 2022

Yesterday, the British pound made the first attempt to turn around from the resistance of 1.1940, in fact, it had an idea to make a correction from the entire 16-figure growth since September 26. The task is difficult, so the price has not yet decided to attack the support at 1.1737. The price divergence with the Marlin Oscillator is gaining momentum. Such an attack will probably take place next week.

The immediate task is for the price to not go up after testing this support.

This image is no longer relevant

UK retail sales data will be released today – forecast for October is 0.3% after the September collapse of 1.4%. The forecast for sales of secondary housing in the US in October is 4.38 million against 4.71 million a month earlier, so in the end we do not expect active dollar action in the fight against the pound today.

This image is no longer relevant

The price received support from the balance indicator line on the H4 chart. The Marlin Oscillator is in the downward trend area. Therefore, the development of growth is still difficult. At the moment, the main scenario for the pound is a sideways movement in the range of 1.1737-1.1940.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $9000 más!
    ¡En Mayo, sorteamos $9000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback