GBP/USD Intraday: the upside prevails.

Limited Increase
u
1675392886756
GBPUSD+0%
2024-11-04 02:46Source:TC

Pivot: 1.2925

Our preference: long positions above 1.2925 with targets at 1.3000 & 1.3030 in extension.

Alternative scenario: below 1.2925 look for further downside with 1.2905 & 1.2885 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

1.3060

1.3030

1.3000

1.2969 Last

1.2925

1.2905

1.2885

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-04-2024 at 02:46 UTC+1

Price reference: 1.2969 last known on 11-04-2024 at 02:46 UTC+1

Investment horizon: INTRADAY

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