Leisure and recreation companies are starting to note that the number of bookings has reached or exceeded 2019 levels.
GBP/USD, 30 min
Pivot: 1.3787
Analysis:
Provided that the currency pair is traded above 1.3755, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 1.3787
- Take Profit 1: 1.3810
- Take Profit 2: 1.3830
Alternative scenario:
In case of breakdown of the level 1.3755, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 1.3755
- Take Profit 1: 1.3735
- Take Profit 2: 1.3715
Comment:
RSI shows ascending momentum during the day.
Key levels:
Resistance -- Support
1.3850 ------- 1.3755
1.3830 ------- 1.3735
1.3810 ------- 1.3715
GBP/USD, D1
Pivot: 1.3774
Analysis:
While the price is below 1.4000, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.3774
- Take Profit 1: 1.3670
- Take Profit 2: 1.3450
Alternative scenario:
If the level 1.4000 is broken-out, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.4000
- Take Profit 1: 1.4240
- Take Profit 2: 1.4370
Comment:
RSI indicates that a downtrend continues in the medium term.
Key levels:
Resistance -- Support
1.4370 ------- 1.3670
1.4240 ------- 1.3450
1.4000 ------- 1.3260
USD/CHF Forecast Fundamental Analysis | US Dollar / Swiss Franc
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