Technical Analysis : GBP/USD 2 June 2021

2 June 2021 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsGBP/USD

Forex Technical Analysis : GBPUSD 2 June 2021

Forex Technical Analysis : GBPUSD

Date : 2 June 2021

Pivot point : 1.4180

Our preference : short positions below 1.4180 with targets at 1.4120 & 1.4100 in extension.

Alternative scenario : above 1.4180 look for further upside with 1.4200 & 1.4220 as targets.

Comment : as long as the resistance at 1.4180 is not surpassed, the risk of the break below 1.4120 remains high.

Supports and resistances :

1.4220 **
1.4200 *
1.4180
1.4147 – Last price
1.4120
1.4100 *
1.4090 **

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

Source : Trading Central

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