GBP/USD ST: choppy.

High Volatility
1675392886756
GBPUSD+0%
2024-11-06 09:34Source:TC

Pivot: 1.2610

Our preference: long positions above 1.2610 with targets at 1.3043 & 1.3260 in extension.

Alternative scenario: below 1.2610 look for further downside with 1.2450 & 1.2300 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:

1.3434

1.3260

1.3043

1.2875 Last

1.2610

1.2450

1.2300

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-06-2024 at 09:34 UTC+1

Price reference: 1.2875 last known on 11-06-2024 at 09:34 UTC+1

Investment horizon: ST

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