Technical Analysis : GBP/USD 21 April 2021

21 April 2021 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsGBP/USD

Forex Technical Analysis : GBPUSD 21 April 2021

Forex Technical Analysis : GBPUSD

Date : 21 April 2021

Pivot point : 1.3975

Our preference : short positions below 1.3975 with targets at 1.3900 & 1.3870 in extension.

Alternative scenario : above 1.3975 look for further upside with 1.4010 & 1.4040 as targets.

Comment : the RSI is bearish and calls for further downside.

Supports and resistances :

1.4040 **
1.4010 *
1.3975
1.3920 – Last price
1.3900
1.3870 *
1.3840 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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