GBP/USD Intraday: under pressure.
Written on 10-20-2021 at 10:18 UTC+0
Price reference: 1.3768 last known on 10-20-2021 at 10:18 UTC+0
Pivot: 1.3815
Our preference: short positions below 1.3815 with targets at 1.3745 & 1.3715 in extension.
Alternative scenario: above 1.3815 look for further upside with 1.3835 & 1.3850 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.3850
1.3835
1.3815
1.3768 Last
1.3745
1.3715
1.3690
Investment horizon: INTRADAY
Jason M
