GBP/USD, D1
Pivot: 1.4133
Analysis:
While the price is above 1.3950, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1.4133
- Take Profit 1: 1.4240
- Take Profit 2: 1.4380
Alternative scenario:
If the level 1.3950 is broken-down, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1.3950
- Take Profit 1: 1.3800
- Take Profit 2: 1.3670
Comment:
RSI shows the development of an uptrend in a medium term.
Key levels:
Resistance --- Support
1.4500 -------- 1.3950
1.4380 -------- 1.3800
1.4240 -------- 1.3670
EUR/USD | Euro to US Dollar Trading Analysis
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