GBP/USD intraday: rebound towards 1.3326

Limited Increase
u
1675392886756
GBPUSD+0%
2024-10-02 22:17Source:TC

Our pivot point stands at 1.3245.

Our preference: rebound towards 1.3326.

Alternative scenario: the downside breakout of 1.3245 would call for 1.3215 and 1.3197.

Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.3270 and 1.3278).

Supports and resistances:

1.3362 **

1.3344 *

1.3326 **

1.3309

1.3270 last

1.3257

1.3245 **

1.3215 *

1.3197 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-02-2024 at 22:17 UTC+1

Price reference: 1.3270 last known on 10-02-2024 at 22:17 UTC+1

Investment horizon: INTRADAY

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