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GBP/USD Intraday: Target 1.3414
GBP/USD (GBP/USD)
+0.00077+0.06%
The technical picture is a bit hazy. Above 1.3362, look for a rise towards 1.3414
Our pivot point is at 1.3362.
Our preference: The technical picture is a bit hazy. Above 1.3362, look for a rise towards 1.3414
Alternative scenario: below 1.3362, expect 1.3340 and 1.3326.
Comment: the RSI is above its neutrality area at 50. The price is above its 20 and 50 period moving average (respectively at 1.3370 and 1.3377). The GBP/USD is trading above its upper Bollinger band (standing at 1.3377).
Supports and resistances:
1.3440 *
1.3427 **
1.3414
1.3380 last
1.3362 **
1.3340 *
1.3326 **
Our preference: The technical picture is a bit hazy. Above 1.3362, look for a rise towards 1.3414
Alternative scenario: below 1.3362, expect 1.3340 and 1.3326.
Comment: the RSI is above its neutrality area at 50. The price is above its 20 and 50 period moving average (respectively at 1.3370 and 1.3377). The GBP/USD is trading above its upper Bollinger band (standing at 1.3377).
Supports and resistances:
1.3440 *
1.3427 **
1.3414
1.3380 last
1.3362 **
1.3340 *
1.3326 **
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.
