Tuesday, July 20, 2021 10:38 AM EDT
The GBP/USD is at critical support. Historical buyers are exactly in the zone 1.3565-1.3623. We should see a continuation to the upside if the price gets a bullish momentum.
1.3600-50 is the POC. Multiple swing points could switch momentum to the upside. Targets are 1.3770 all the way towards 1.4115 if the price stays above 1.3550. However if the price drops below 1.3550 watch for a move towards 1.3393.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high ...
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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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