Technical Analysis : GBP/USD 24 August 2021

24 August 2021 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsGBP/USD

Forex Technical Analysis : GBPUSD 24 August 2021

Forex Technical Analysis : GBPUSD

Date : 24 August 2021

Pivot point : 1.3695

Our preference : long positions above 1.3695 with targets at 1.3735 & 1.3755 in extension.

Alternative scenario : below 1.3695 look for further downside with 1.3670 & 1.3640 as targets.

Comment : technically the RSI is above its neutrality area at 50.

Supports and resistances :

1.3775 **
1.3755 *
1.3735
1.3720 – Last price
1.3695
1.3670 *
1.3640 **

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

Source : Trading Central

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