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FX.co ★ GBP/USD update for July 14, 2021 - Upside potential towards 1.3900

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Forex Analysis:::2021-07-14T12:08:21

GBP/USD update for July 14, 2021 - Upside potential towards 1.3900

Technical analysis:

GBP/USD update for July 14, 2021 - Upside potential towards 1.3900

GBP/USD has been upside into Europe session and I still see potential for the upside continuation.

Trading recommendation:

My advice is to watch for buying opportunities on the intraday pullbacks.

Upside target is set at the price of 1.3900

Stochastic is showing overbought condition but with fresh bull cross, which is sign that buyers are still in control.

Additionally, there is the upside trend-line, which is good sign for further upside continuation.

Analyst InstaForex
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