Fri, 19 Feb 2021 09:46:44 GMT
GBP/USD passes above 1.4000
The GBP/USD managed to pass the resistance of the weekly R1 on Thursday. On Friday morning, the GBP had extended its gains against the USD, as the rate had reached above the weekly R2 simple pivot point and the 1.4000 mark.
By reaching above the weekly R2 simple pivot point, the rate had no technical resistance as high as the weekly