Technical Analysis : GBP/USD 25 May 2021

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

Forex Technical Analysis : GBPUSD 25 May 2021

Forex Technical Analysis : GBPUSD

Date : 25 May 2021

Pivot point : 1.4150

Our preference : long positions above 1.4150 with targets at 1.4190 & 1.4210 in extension.

Alternative scenario : below 1.4150 look for further downside with 1.4130 & 1.4115 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

1.4230 **
1.4210 *
1.4190
1.4179 – Last price
1.4150
1.4130 *
1.4115 **

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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