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

GBP/USD intraday: the upside prevails as long as 1.4054 is support

GBPUSD

Trading Central 2021-02-23 03:07:14

Our pivot point is at 1.4054.

Our preference: the upside prevails as long as 1.4054 is support.

Alternative scenario: below 1.4054, expect 1.4024 and 1.4006.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.4048 and 1.4028).

Supports and resistances:

1.4168 **

1.4151 *

1.4133 **

1.4115

1.4079 last

1.4065

1.4054 **

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