GBPUSD Intra-day Analysis 22nd Apr. 2021

Under Pressure

Our Pivot: 1.3975

Our Preference: Short sell below 1.3940 with strict stop loss of 1.3975 and profit target at 1.3900 with extension towards 1.3875.

Alternate Scenario: Upward penetration of 1.3975 will call for 1.4010.

NOTE: GBP is moving downward for correction of its previous bullish rally.

Chart with supports & resistances:

Level	1st	2nd	3rd
Supports	0.00	0.00	0.00
Resistances	0.00	0.00	0.00

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