GBP/USD Intraday: as long as 1.3530 is resistance look for 1.3432
GBP/USD (GBP/USD)
+0.00029+0.02%
as long as 1.3530 is resistance look for 1.3432
Our pivot point is at 1.3530.
Our preference: as long as 1.3530 is resistance look for 1.3432
Alternative scenario: above 1.3530, look for 1.3558 and 1.3575.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.3497 and 1.3503).
Supports and resistances:
1.3575 **
1.3558 *
1.3530 **
1.3519
1.3486 last
1.3449
1.3432 **
1.3415 *
1.3398 **
Our preference: as long as 1.3530 is resistance look for 1.3432
Alternative scenario: above 1.3530, look for 1.3558 and 1.3575.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.3497 and 1.3503).
Supports and resistances:
1.3575 **
1.3558 *
1.3530 **
1.3519
1.3486 last
1.3449
1.3432 **
1.3415 *
1.3398 **
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