Technical Analysis : GBP/USD 13 May 2021

13 May 2021 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsGBP/USD

Forex Technical Analysis : GBPUSD 13 May 2021

Forex Technical Analysis : GBPUSD

Date : 13 May 2021

Pivot point : 1.4095

Our preference : short positions below 1.4095 with targets at 1.4045 & 1.4015 in extension.

Alternative scenario : above 1.4095 look for further upside with 1.4125 & 1.4150 as targets.

Comment : as long as the resistance at 1.4095 is not surpassed, the risk of the break below 1.4045 remains high.

Supports and resistances :

1.4150 **
1.4125 *
1.4095
1.4059 – Last price
1.4045
1.4015 *
1.3975 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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