GBP/USD Intraday: key resistance at 1.2805.

Limited Decrease
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GBPUSD+0%
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:

1.2845

1.2825

1.2805

1.2790 Last

1.2770

1.2750

1.2730

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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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

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