GBP/USD Intraday: under pressure.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-11-12 00:17Source:TC

Pivot: 1.2900

Our preference: short positions below 1.2900 with targets at 1.2845 & 1.2825 in extension.

Alternative scenario: above 1.2900 look for further upside with 1.2930 & 1.2960 as targets.

Comment: the break below 1.2900 is a negative signal that has opened a path to 1.2845.

Supports and resistances:

1.2960

1.2930

1.2900

1.2870 Last

1.2845

1.2825

1.2800

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-12-2024 at 00:17 UTC+1

Price reference: 1.2870 last known on 11-12-2024 at 00:17 UTC+1

Investment horizon: INTRADAY

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