GBP/USD Intraday: further advance.

Limited Increase
u
1675392886756
GBPUSD+0%
2024-05-03 03:45Source:TC

Pivot: 1.2520

Our preference: long positions above 1.2520 with targets at 1.2565 & 1.2585 in extension.

Alternative scenario: below 1.2520 look for further downside with 1.2500 & 1.2480 as targets.

Comment: the RSI advocates for further advance.

Supports and resistances:

1.2600

1.2585

1.2565

1.2550 Last

1.2520

1.2500

1.2480

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-03-2024 at 03:45 UTC+1

Price reference: 1.2550 last known on 05-03-2024 at 03:45 UTC+1

Investment horizon: INTRADAY

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