GBP/USD Intraday: the upside prevails.
Pivot: 1.4100
Our preference: long positions above 1.4100 with targets at 1.4200 & 1.4240 in extension.
Alternative scenario: below 1.4100 look for further downside with 1.4055 & 1.4015 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.4270
1.4240
1.4200
1.4166 Last
1.4100
1.4055
1.4015

6 Reasons To Open An Account
Multi-language 24/7 professional support
Fast, convenient fund and withdrawals
Free demo account $10,000
International recognition
Real-time quotes with push notification
Professional market analysis broadcast
6 Reasons To Open An Account
Multi-language 24/7 professional support
Fast, convenient fund and withdrawals
Free demo account $10,000
International recognition
Real-time quotes with push notification
Professional market analysis broadcast