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Home Market Analysis

GBPUSD Analysis, 18th March, 2021

by fxmentor
March 18, 2021
in Market Analysis
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GBPUSD Analysis, 18th March, 2021
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GBP/USD Intraday: the bias remains bullish

PIVOT: 1.3920

QUR PREFERENCE:
long positions above 1.3920 with targets at
1.3980 & 1.4005 in extension.
ALTERNATIVE SCENARIO:
below 1.3920 look for further downside
with 1.3890 & 1.3855 as targets.
COMMENT:
even though a continuation of the consolidation
cannot be ruled out, its extent should be limited.
Released 2021.03.18 09:11

Tags: Market Analysis
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