GBP/USD Intraday: bullish bias above 1.2950.

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GBPUSD+0%
2024-10-29 04:38Source:TC

Pivot: 1.2950

Our preference: long positions above 1.2950 with targets at 1.2985 & 1.3000 in extension.

Alternative scenario: below 1.2950 look for further downside with 1.2935 & 1.2920 as targets.

Comment: the next resistances are at 1.2985 and then at 1.3000.

Supports and resistances:

1.3015

1.3000

1.2985

1.2962 Last

1.2950

1.2935

1.2920

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-29-2024 at 04:38 UTC+1

Price reference: 1.2962 last known on 10-29-2024 at 04:38 UTC+1

Investment horizon: INTRADAY

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