GBP/USD Shines On UK Vaccines, Dollar Breather, And Rosier Technical Picture

Cable is still battling 1.3780, which was a support line in early March. It is followed by 1.3820, a swing high that was seen last week, followed by 1.3850, a high point early in the week and where the 100 SMA hits the price.

Support awaits at 1.3735, which capped GBP/USD last week. It is then followed by 1.37 and finally by 1.3670, the March low.

1 2
View single page >> |

Disclaimer: Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.