GBP/USD Intraday: Target 1.3346

GBP/USD (GBP/USD)
+0.00095+0.07%
In spite of the current rebound, our pivot threshold at 1.3419 has not been hit and our target remains 1.3328
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Our pivot point is at 1.3419.

Our preference: In spite of the current rebound, our pivot threshold at 1.3419 has not been hit and our target remains 1.3328

Alternative scenario: above 1.3419, look for 1.3448 and 1.3465.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 1.3404 and 1.3396).

Supports and resistances:
1.3465 **
1.3448 *
1.3419 **
1.3395 last
1.3346
1.3328 **
1.3311 *

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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