Britch bound – Dollar analysis 26 February 2021

Sterling declined against dollar on Thursday as sterling attracted seller as investors took precautions steps against the threat of inflation. Meanwhile, data showed fewer Americans filed new claims for unemployment benefits last week as COVID-19 infections fell, but the near-term outlook remained unclear after winter storms wreaked havoc in the South this month.

Sterling was last trading 0.05% lower on the day at $1.4009. Immediate resistance can be seen at 1.4177 (Daily high), an upside break can trigger rise towards 1.4247 (Feb 5th high).On the downside, immediate support is seen at 1.4088(5DMA), a break below could take the pair towards at 1.4055 (38.2%fib).

Do not forget to subscribe to the channel to get the best daily trading opportunities

For a limited time, trade with a real 50% bonus on deposit and get exclusive trading tools.. Click on the following link to open your account

https://clicks.pipaffiliates.com/c?c=67020&l=en&p=1

For a limited time, trade with a real 20% bonus on deposit and get exclusive trading tools.. Click on the following link to open your account

https://record.partners.easymarkets.com/_cCH8OBkilbd5NrI3OSEP1GNd7ZgqdRLk/1/

To get the lowest spreads and best execution from the best licensed companies

Click on the following link to open your account

https://go.xtb.com/visit/?bta=38803&nci=7649

 

To trade with the highest leverage with the ability to open a trading account in Cent Account + Deposit Bonus + Cash Back

Click on the following link to open your account

https://fbs.com/?ppu=272000

To obtain our exclusive trading services, notify us after opening your trading account with one of these companies by emailing accounts@binfxo.com

To receive our exclusive trading package ($ 1,200 but it’s free for clients of sponsoring companies)

Or join our services at https://binfxo.com/open-account

Spread the love