GBP/USD Intraday: intraday support around 1.2945.

Limited Increase
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GBPUSD+0%
2024-10-25 11:07Source:TC

Pivot: 1.2945

Our preference: long positions above 1.2945 with targets at 1.2990 & 1.3015 in extension.

Alternative scenario: below 1.2945 look for further downside with 1.2925 & 1.2905 as targets.

Comment: a support base at 1.2945 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.3030

1.3015

1.2990

1.2976 Last

1.2945

1.2925

1.2905

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-25-2024 at 11:07 UTC+1

Price reference: 1.2976 last known on 10-25-2024 at 11:07 UTC+1

Investment horizon: INTRADAY

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