Technical Analysis : GBP/USD - 16 February 2021

Technical Analysis : GBP/USD - 16 February 2021

GBP/USD Intraday: the upside prevails.

Our preference: long positions above 1.3895 with targets at 1.3950 & 1.3985 in extension.

Alternative scenario: below 1.3895 look for further downside with 1.3880 & 1.3860 as targets.

Comment: the RSI is mixed to bullish.