GBP/USD Intraday: the downside prevails.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-10-22 01:38Source:TC

Pivot: 1.3010

Our preference: short positions below 1.3010 with targets at 1.2970 & 1.2945 in extension.

Alternative scenario: above 1.3010 look for further upside with 1.3030 & 1.3055 as targets.

Comment: the RSI calls for a new downleg.

Supports and resistances:

1.3055

1.3030

1.3010

1.2982 Last

1.2970

1.2945

1.2920

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-22-2024 at 01:38 UTC+1

Price reference: 1.2982 last known on 10-22-2024 at 01:38 UTC+1

Investment horizon: INTRADAY

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