GBP/USD Intraday: turning down.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-11-06 02:49Source:TC

Pivot: 1.3010

Our preference: short positions below 1.3010 with targets at 1.2930 & 1.2900 in extension.

Alternative scenario: above 1.3010 look for further upside with 1.3045 & 1.3070 as targets.

Comment: the immediate trend remains down and the momentum is strong.

Supports and resistances:

1.3070

1.3045

1.3010

1.2959 Last

1.2930

1.2900

1.2870

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-06-2024 at 02:49 UTC+1

Price reference: 1.2959 last known on 11-06-2024 at 02:49 UTC+1

Investment horizon: INTRADAY

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