GBP/USD Intraday: key resistance at 1.2990.

Limited Decrease
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1675392886756
GBPUSD+0%
2024-10-31 00:58Source:TC

Pivot: 1.2990

Our preference: short positions below 1.2990 with targets at 1.2935 & 1.2905 in extension.

Alternative scenario: above 1.2990 look for further upside with 1.3010 & 1.3040 as targets.

Comment: a break below 1.2935 would trigger a drop towards 1.2905.

Supports and resistances:

1.3040

1.3010

1.2990

1.2954 Last

1.2935

1.2905

1.2880

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-31-2024 at 00:58 UTC+1

Price reference: 1.2954 last known on 10-31-2024 at 00:58 UTC+1

Investment horizon: INTRADAY

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