GBPUSD: Bullish, Remains Biased To The Upside

14 March 2018, 13:44
GBPUSD: The pair continues to retain its upside pressure closing higher on Tuesday and looking to extend that gain. Support lies at the 1.3900 level where a break will turn attention to the 1.3850 level. Further down, support lies at the 1.3800 level. Below here will set the stage for more weakness towards the 1.3750 level. Its daily RSI is bullish and pointing higher. Conversely, resistance stands at the 1.4000 levels with a turn above here allowing more strength to build up towards the 1.4050 level. Further out, resistance resides at the 1.4100 level followed by the 1.4150 level. On the whole, GBPUSD looks to follow through higher.

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