GBP/USD intraday: the upside prevails as long as 1

GBP/USD intraday: the upside prevails as long as 1.3605 is support

GBPUSD

Trading Central 2021-01-13 03:06:05

Our pivot point stands at 1.3605.

Our preference: the upside prevails as long as 1.3605 is support.

Alternative scenario: below 1.3605, expect 1.3563 and 1.3537.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.3609 and 1.3561).

Supports and resistances:

1.3769 **

1.3744 *

1.3718 **

1.3693

1.3641 last

1.3622

1.3605 **

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