GBP/USD Intraday: further advance.

Limited Increase
u
1675392886756
GBPUSD+0%
2024-11-05 13:12Source:TC

Pivot: 1.2960

Our preference: long positions above 1.2960 with targets at 1.3000 & 1.3030 in extension.

Alternative scenario: below 1.2960 look for further downside with 1.2930 & 1.2910 as targets.

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

Supports and resistances:

1.3055

1.3030

1.3000

1.2987 Last

1.2960

1.2930

1.2910

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-05-2024 at 13:12 UTC+1

Price reference: 1.2987 last known on 11-05-2024 at 13:12 UTC+1

Investment horizon: INTRADAY

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