GBP/USD Intraday: the downside prevails.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-11-01 06:44Source:TC

Pivot: 1.2935

Our preference: short positions below 1.2935 with targets at 1.2850 & 1.2820 in extension.

Alternative scenario: above 1.2935 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

1.2935

1.2892 Last

1.2850

1.2820

1.2800

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-01-2024 at 06:44 UTC+1

Price reference: 1.2892 last known on 11-01-2024 at 06:44 UTC+1

Investment horizon: INTRADAY

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