GBP/USD Intraday: further advance.

Limited Increase
u
1675392886756
GBPUSD+0%
2024-11-04 07:14Source:TC

Pivot: 1.2940

Our preference: long positions above 1.2940 with targets at 1.3030 & 1.3060 in extension.

Alternative scenario: below 1.2940 look for further downside with 1.2910 & 1.2885 as targets.

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

Supports and resistances:

1.3080

1.3060

1.3030

1.2994 Last

1.2940

1.2910

1.2885

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-04-2024 at 07:14 UTC+1

Price reference: 1.2994 last known on 11-04-2024 at 07:14 UTC+1

Investment horizon: INTRADAY

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