GBP/USD Intraday: under pressure.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-09-03 13:33Source:TC

Pivot: 1.3150

Our preference: short positions below 1.3150 with targets at 1.3090 & 1.3060 in extension.

Alternative scenario: above 1.3150 look for further upside with 1.3170 & 1.3185 as targets.

Comment: as long as 1.3150 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.3185

1.3170

1.3150

1.3118 Last

1.3090

1.3060

1.3030

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 09-03-2024 at 13:33 UTC+1

Price reference: 1.3118 last known on 09-03-2024 at 13:33 UTC+1

Investment horizon: INTRADAY

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