Noor Trends News, Technical Analysis, Educational Tools and Recommendations
The British Pound was able to touch the first target to be achieved during the previous report, at 1.3855, recording its highest level during the last session at 1.3866.
On the technical side, intraday trading is stable above 1.3810 / 1.3800 support, which supports positivity, which is accompanied by positive signals coming from the RSI over short intervals.
Consequently, the bullish scenario will remain valid and effective, noting that trading above 1.3865 accelerates and confirms the missed daily bullish trend, opening the way for the pair to visit 1.3900 / 1.3910 and then 1.3940 respectively.
In general, we will continue suggesting the overall bullish trend unless we witness any trading below the support level 1.3765, which represents the key to protecting the upside.
| S1: 1.3810 | R1: 1.3875 |
| S2: 1.3775 | R2: 1.3905 |
| S3: 1.3745 | R3: 1.3940 |
