GBP/USD Intraday: the downside prevails.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-11-01 00:52Source:TC

Pivot: 1.2940

Our preference: short positions below 1.2940 with targets at 1.2870 & 1.2840 in extension.

Alternative scenario: above 1.2940 look for further upside with 1.2965 & 1.3000 as targets.

Comment: the RSI is below its neutrality area at 50%

Supports and resistances:

1.3000

1.2965

1.2940

1.2901 Last

1.2870

1.2840

1.2820

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-01-2024 at 00:52 UTC+1

Price reference: 1.2901 last known on 11-01-2024 at 00:52 UTC+1

Investment horizon: INTRADAY

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