GBP/USD Intraday: further advance.

Limited Increase
u
1675392886756
GBPUSD+0%
2024-10-18 05:49Source:TC

Pivot: 1.2995

Our preference: long positions above 1.2995 with targets at 1.3035 & 1.3065 in extension.

Alternative scenario: below 1.2995 look for further downside with 1.2975 & 1.2955 as targets.

Comment: the RSI advocates for further upside.

Supports and resistances:

1.3100

1.3065

1.3035

1.3021 Last

1.2995

1.2975

1.2955

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-18-2024 at 05:49 UTC+1

Price reference: 1.3021 last known on 10-18-2024 at 05:49 UTC+1

Investment horizon: INTRADAY

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