Technical Analysis : GBP/USD 21 May 2021

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

Forex Technical Analysis : GBPUSD 21 May 2021

Forex Technical Analysis : GBPUSD

Date : 21 May 2021

Pivot point : 1.4160

Our preference : long positions above 1.4160 with targets at 1.4195 & 1.4215 in extension.

Alternative scenario : below 1.4160 look for further downside with 1.4140 & 1.4120 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

1.4240 **
1.4215 *
1.4195
1.4184 – Last price
1.4160
1.4140 *
1.4120 **

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

Source : Trading Central

If you open a live account with a broker that support Trading Central, you’ll get all technical analysis.



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