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Trading Analysis

GBP/USD Intraday: Look for 1.3421

GBP/USD (GBP/USD)

-0.00036-0.03%

The upside prevails as long as 1.3353 is support, with 1.3421 and 1.3437 as targets

Our pivot point is at 1.3353.

Our preference: The upside prevails as long as 1.3353 is support, with 1.3421 and 1.3437 as targets

Alternative scenario: below 1.3353, expect 1.3325 and 1.3308.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 1.3369 and 1.3341).

Supports and resistances:
1.3454 *
1.3437 **
1.3421
1.3383 last
1.3353 **
1.3325 *
1.3308 **

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.

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