GBP/USD,D1
Pivot: 1.3747
Analysis:
While the price is below 1.3960, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.3747
- Take Profit 1: 1.3570
- Take Profit 2: 1.3430
Alternative scenario:
If the level 1.3960 is broken-out, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.3960
- Take Profit 1: 1.4090
- Take Profit 2: 1.4240
Comment:
RSI shows the development of a downtrend in the medium term.
Key levels:
Resistance ---- Support
1.4240 ---------- 1.3570
1.4090 ---------- 1.3430
1.3960 ---------- 1.3350
EUR/USD | Euro to US Dollar Trading Analysis
Prev article
EUR/JPY | Euro to Japanese Yen Trading Analysis
Next article
Recent articles
EUR/JPY | Euro to Japanese Yen Trading Analysis
ECB head Lagarde: so far we see no signs that inflationary pressures are becoming widespread.
GBP/JPY | British Pound to Japanese Yen Trading Analysis
GBP/JPY is declining from 2-week highs, approaching 151.50.