GBP/USD Intraday: key resistance at 1.2805.

Limited Decrease
2024-07-10 07:17Source:TC

Pivot: 1.2805

Our preference: short positions below 1.2805 with targets at 1.2770 & 1.2750 in extension.

Alternative scenario: above 1.2805 look for further upside with 1.2825 & 1.2845 as targets.

Comment: as long as the resistance at 1.2805 is not surpassed, the risk of the break below 1.2770 remains high.

Supports and resistances:




1.2790 Last




Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 07-10-2024 at 07:17 UTC+1

Price reference: 1.2790 last known on 07-10-2024 at 07:17 UTC+1

Investment horizon: INTRADAY

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​

Reference points and analysis views from trading strategies are provided by external providers, and strategy views are only the analyst's personal evaluation and assessment, not considering the investor's investment goals and financial conditions. All strategy views are not investment advice or recommendations, only for reference. Our company also does not guarantee the accuracy of strategy views and is not responsible for any negative results that may arise from trading strategies.