GBP/USD Intraday: caution.

Limited Decrease
l
202506031015317b03ae80270b83a87f6b4ba072cc5804
GBPUSD+0%
2023-12-01 03:08Source:TC

Pivot: 1.2665

Our preference: short positions below 1.2665 with targets at 1.2600 & 1.2580 in extension.

Alternative scenario: above 1.2665 look for further upside with 1.2685 & 1.2705 as targets.

Comment: intraday technical indicators are mixed and call for caution.

Supports and resistances:

1.2705

1.2685

1.2665

1.2652 Last

1.2600

1.2580

1.2560

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-01-2023 at 03:08 UTC+1

Price reference: 1.2652 last known on 12-01-2023 at 03:08 UTC+1

Investment horizon: INTRADAY

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