GBP/USD Intraday: turning down.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-10-16 08:23Source:TC

Pivot: 1.3060

Our preference: short positions below 1.3060 with targets at 1.2990 & 1.2960 in extension.

Alternative scenario: above 1.3060 look for further upside with 1.3080 & 1.3100 as targets.

Comment: the RSI calls for a new downleg.

Supports and resistances:

1.3100

1.3080

1.3060

1.3013 Last

1.2990

1.2960

1.2935

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-16-2024 at 08:23 UTC+1

Price reference: 1.3013 last known on 10-16-2024 at 08:23 UTC+1

Investment horizon: INTRADAY

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