Forex_Times

💡 GBPUSD: refined forecast for 19-23.04.2021.

OANDA:GBPUSD   British Pound / U.S. Dollar
During Monday, April 19, the weekly upside target,-marketmaker loss level (1.3898) was reached.
🔰 Currently, the price continued the momentum in the direction of the long-term trend on the daily timeframe.
The current long term upside target is a $21m limit bid at the price point (1.4117).
The intermediate upside target within the current trading week is the option level on the quote (1.4040).
🔥 During the second half of the trading week when the sell pattern is formed inside the resistance area (1.4040-1.4117), we expect the correctional decline with the limit buy target (1.3947).
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