GBP/USD Intraday: key resistance at 1.3165.

Limited Decrease
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GBPUSD+0%
2024-10-04 05:38Source:TC

Pivot: 1.3165

Our preference: short positions below 1.3165 with targets at 1.3090 & 1.3060 in extension.

Alternative scenario: above 1.3165 look for further upside with 1.3200 & 1.3240 as targets.

Comment: as long as the resistance at 1.3165 is not surpassed, the risk of the break below 1.3090 remains high.

Supports and resistances:

1.3240

1.3200

1.3165

1.3126 Last

1.3090

1.3060

1.3030

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-04-2024 at 05:38 UTC+1

Price reference: 1.3126 last known on 10-04-2024 at 05:38 UTC+1

Investment horizon: INTRADAY

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