GBP/USD Intraday: caution.

GBPUSD

Trading Central 2021-02-22 11:57:05

Pivot: 1.4000

Our preference: long positions above 1.4000 with targets at 1.4055 & 1.4080 in extension.

Alternative scenario: below 1.4000 look for further downside with 1.3975 & 1.3950 as targets.

Comment: a support base at 1.4000 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.4095

1.4080

1.4055

1.4018 Last

1.4000

1.3975

1.3950

Disclaimer

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