GBP/USD Intraday: the upside prevails.

Limited Increase
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202506031015317b03ae80270b83a87f6b4ba072cc5804
GBPUSD+0%
2023-05-08 13:17Source:TC

Pivot: 1.2620

Our preference: long positions above 1.2620 with targets at 1.2680 & 1.2710 in extension.

Alternative scenario: below 1.2620 look for further downside with 1.2590 & 1.2565 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

1.2750

1.2710

1.2680

1.2662 Last

1.2620

1.2590

1.2565

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-08-2023 at 13:17 UTC+1

Price reference: 1.2662 last known on 05-08-2023 at 13:17 UTC+1

Investment horizon: INTRADAY

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