Forecast for GBP / USD pair on February 26, 2019

GBP / USD pair

On Monday, the British pound continued the expected growth, adding 40 points to the session close. The pound is already adding 45 points in today's Asian session. The Marlin oscillators indicate further growth on the daily and H4 charts. Overcoming such level opens the next goal of 1.3257, which was the maximum of October 12 last year. It is followed by a movement towards 1.3314, which was the June 22 high of last year. The hidden threat of a reversal may be in the emerging divergence on the four-hour chart. Also, the signal level is at least in yesterday level of 1.3048.

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

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