GBP/USD ST: further advance.

GBPUSD

Trading Central 2021-02-22 07:33:06

Pivot: 1.3700

Our preference: long positions above 1.3700 with targets at 1.4180 & 1.4370 in extension.

Alternative scenario: below 1.3700 look for further downside with 1.3500 & 1.3300 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

1.4470 **

1.4370 ***

1.4180 ***

1.4011 Last

1.3700 ***

1.3500 ***

1.3300 **

Disclaimer

The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.