Reuters reports comments of the prime minister:

• It's worth stressing that the third wave of the coronavirus is now underway in Europe;

• Britain believes that now is not the time to restrict the use of the vaccine, it is important to work together;

• We expect the EU to continue to meet its obligations under the agreement;

• We remain confident in the vaccine supply.

GBP/USD, 30 min

Pivot: 1.3845

Analysis:

Provided that the currency pair is traded above 1.3820, follow the recommendations below:

• Time frame: 30 min
• Recommendation: long position
• Entry point: 1.3845
• Take Profit 1: 1.3875
• Take Profit 2: 1.3890

Alternative scenario: 

In case of breakdown of the level 1.3820, follow the recommendations below:

• Time frame: 30 min
• Recommendation: short position
• Entry point: 1.3820
• Take Profit 1: 1.3815
• Take Profit 2: 1.3800

Comment:

RSI shows ascending momentum during the day.

Key levels:

Resistance  Support

1.3915 1.3830

1.3890 1.3815

1.3875 1.3800

GBP/USD, D1

Pivot: 1.3868

Analysis:

While the price is above 1.3745, follow the recommendations below:

• Time frame: D1
• Recommendation: long position
• Entry point: 1.3868
• Take Profit 1: 1.4010
• Take Profit 2: 1.4180

Alternative scenario:

If the level 1.3745 is broken-down, follow the recommendations below:

• Time frame: D1
• Recommendation: short position
• Entry point: 1.3745
• Take Profit 1: 1.3500
• Take Profit 2: 1.3300

Comment:

RSI indicates that an uptrend continues in the medium term.

Key levels:

Resistance  Support

1.4370 1.3745

1.4180 1.3500

1.4010 1.3300

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