GBPUSD 19.04.2021
Overview:
Prices are moving in a short-term uptrend
Expected scenario:
We notice on the chart above that the pair is trading at the highest level of a strong support around 1.3910, which enhances the chances of a bullish move during today's trading to 1.4000.
Alternative scenario:
On the other hand, we believe that in the event of a break of 1.3910 to the downside, this pair might push further down to 1.3850.
Resistance levels | 1.4000 | 1.4050 | 1.4086 |
Support levels | 1.3910 | 1.3850 | 1.3815 |
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