GBP/USD Intraday: the bias remains bullish.
GBP/USD (GBP/USD)
+0.00384+0.29%
long positions above 1.3420 with targets at 1.3490 & 1.3510 in extension.
Pivot: 1.3420
Our preference: long positions above 1.3420 with targets at 1.3490 & 1.3510 in extension.
Alternative scenario: below 1.3420 look for further downside with 1.3395 & 1.3375 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.3530
1.3510
1.3490
1.3470 Last
1.3420
1.3395
1.3375
Our preference: long positions above 1.3420 with targets at 1.3490 & 1.3510 in extension.
Alternative scenario: below 1.3420 look for further downside with 1.3395 & 1.3375 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.3530
1.3510
1.3490
1.3470 Last
1.3420
1.3395
1.3375
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
