English
GBPUSD 10.05.2021
Overview:
Prices are moving in an upward direction
Expected scenario:
The pair is trading above a strong support level around 1.4000, which enhances chances of a bullish move during today's trading to 1.4060
Alternative scenario:
On the other hand, we think that if the 1.4000 level is broken to the downside, the pair may push further down, to reach 1.3940.
| Resistance levels | 1.4060 | 1.4080 | 1.4100 |
| Support levels | 1.4000 | 1.3940 | 1.3900 |
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
Related Topics
Latest News
Monday, June 30, 2025 - 20:39
Friday, June 27, 2025 - 15:57
Thursday, June 26, 2025 - 19:06
Thursday, June 26, 2025 - 11:41
Latest Economic Analysis
Tuesday, May 16, 2023 - 23:36
Tuesday, April 25, 2023 - 15:59
Tuesday, April 18, 2023 - 22:22
Tuesday, April 04, 2023 - 17:13
Latest Education Articles
Tuesday, June 24, 2025 - 22:35
Friday, June 13, 2025 - 13:49
Tuesday, May 20, 2025 - 21:00
Friday, April 25, 2025 - 04:01
