FX.co ★ Forecast for GBP/USD on June 20, 2019

GBP/USD

Yesterday, the pound sterling ended 84 points higher. Convergence on a daily scale has proven to be effective. The Marlin oscillator signal line is in the growth zone. The immediate goal of the pound is the resistance line of the price channel at 1.2725. Overcoming resistance opens the way to growth to the MACD line of the daily scale - 1.2840.

On the four-hour chart, the price consolidated above the balance line and the MACD line, the marlin oscillator shows no signs of a reversal. We are waiting for continued growth.