GBP/USD Intraday: the downside prevails.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-08-29 01:41Source:TC

Pivot: 1.3220

Our preference: short positions below 1.3220 with targets at 1.3165 & 1.3140 in extension.

Alternative scenario: above 1.3220 look for further upside with 1.3245 & 1.3265 as targets.

Comment: the RSI advocates for further downside.

Supports and resistances:

1.3265

1.3245

1.3220

1.3191 Last

1.3165

1.3140

1.3110

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 08-29-2024 at 01:41 UTC+1

Price reference: 1.3191 last known on 08-29-2024 at 01:41 UTC+1

Investment horizon: INTRADAY

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