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FORECAST BY MARIUS GHISEA – GBP/USD (November 2-6)

The GBP/USD currency pair is in an uptrend. The price reached EMA 200 on 8 hour chart and this is a confirmation that the pair will continue to rise in the medium term. The MACD on 8 hour chart also indicates the uptrend.

GBP 8h

According to the MACD on the daily chart, GBP/USD is also in an uptrend. The price reached 30 Fibo level and this indicates that the pair might go up around 1.5750 in the medium long term.

GBP daily

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