GBP/USD Intraday: under pressure.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-08-30 01:13Source:TC

Pivot: 1.3200

Our preference: short positions below 1.3200 with targets at 1.3140 & 1.3115 in extension.

Alternative scenario: above 1.3200 look for further upside with 1.3230 & 1.3260 as targets.

Comment: as long as the resistance at 1.3200 is not surpassed, the risk of the break below 1.3140 remains high.

Supports and resistances:

1.3260

1.3230

1.3200

1.3165 Last

1.3140

1.3115

1.3090

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 08-30-2024 at 01:13 UTC+1

Price reference: 1.3165 last known on 08-30-2024 at 01:13 UTC+1

Investment horizon: INTRADAY

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