Forecast for GBP/USD on October 14, 2021

GBP/USD

Yesterday, the pound gained 73 points, which gave a good impetus to further growth, as it broke the MACD indicator line on the daily chart.

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The upside potential is determined by the embedded line of the price channel in the area of 1.3886. The Marlin Oscillator confirms this trend - it has moved into the zone of positive values.

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On the four-hour chart, the price has settled above both indicator lines, the Marlin Oscillator is in the growth zone. The trend is on the rise.

The material has been provided by InstaForex Company - www.instaforex.com

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