GBP/USD Intraday: The upside prevails as long as 1.3621 is support
GBP/USD (GBP/USD)
+0.00258+0.19%
The upside prevails as long as 1.3621 is support, with 1.3703 and 1.3723 as targets
Our pivot point is at 1.3621.
Our preference: The upside prevails as long as 1.3621 is support, with 1.3703 and 1.3723 as targets
Alternative scenario: below 1.3621, expect 1.3589 and 1.3570.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 1.3646 and 1.3639). The GBP/USD is trading above its upper Bollinger band (standing at 1.3657).
Supports and resistances:
1.3742 *
1.3723 **
1.3703
1.3665 last
1.3621 **
1.3589 *
1.3570 **
Our preference: The upside prevails as long as 1.3621 is support, with 1.3703 and 1.3723 as targets
Alternative scenario: below 1.3621, expect 1.3589 and 1.3570.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 1.3646 and 1.3639). The GBP/USD is trading above its upper Bollinger band (standing at 1.3657).
Supports and resistances:
1.3742 *
1.3723 **
1.3703
1.3665 last
1.3621 **
1.3589 *
1.3570 **
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