The pound continues to form an upward correction in the pair GBP/USD, new local maximum is at the level of 1.4283.
Daily forex forecast GBP/USD on March 9. The pound continues rising
On the four-hour GBP/USD chart, during the last trading session, quotations grew. The pound approached a strong resistance level in the area of 1.4300, where price is expected to fall. The RSI showed the expected rebound from the resistance, but the GBP/USD pair has been able to update the local maximum. In the forecast, GBP/USD is expected to decrease in the area of 1.41, however, consolidation quotes are above the resistance 1.43 on March 9 will be the signal for the continuation of the upward momentum, the purpose of which will be the upper limit of the downward range
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