Daily Technical View GBP/USD, August 21
Strong close after hitting 1.9658 support Friday. However it needs to take out 1.9938 resistance to open for any stronger rally.
Support & Resistance
Res 3 2.0337
Res 2 2.0270
Res 1 2.0133
Sup 1 1.9916
Sup 2 1.9845
Sup 3 1.9738
Key resistance today 2.0133
Key support today 1.9845
Favoured strategy today: Bullish above 1.9845
Analysis by Avantage Financial