Technical Analysis : GBP/USD 22 April 2021

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

Forex Technical Analysis : GBPUSD 22 April 2021

Forex Technical Analysis : GBPUSD

Date : 22 April 2021

Pivot point : 1.3910

Our preference : long positions above 1.3910 with targets at 1.3950 & 1.3970 in extension.

Alternative scenario : below 1.3910 look for further downside with 1.3885 & 1.3865 as targets.

Comment : the RSI lacks downward momentum.

Supports and resistances :

1.3990 **
1.3970 *
1.3950
1.3926 – Last price
1.3910
1.3885 *
1.3865 **

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

Source : Trading Central

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