The pound sterling rose by 54 points on Tuesday, and it settled above the MACD line on the daily chart. The Marlin oscillator continues to grow in the positive zone. Therefore, the pound has the strongest position among other counter-dollar currencies. The target remains – the range of 1.3350/80.
The four-hour chart shows that the price is staying above both indicator lines: above the balance line (red) and the MACD line (blue). Marlin is growing in the positive zone. We expect the pound to continue rising.
The material has been provided by InstaForex Company – www.instaforex.com
🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.
As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.