GBP/USD ST: under pressure.

High Volatility
1675392886756
GBPUSD+0%
2024-11-13 08:59Source:TC

Pivot: 1.3043

Our preference: short positions below 1.3043 with targets at 1.2670 & 1.2610 in extension.

Alternative scenario: above 1.3043 look for further upside with 1.3260 & 1.3430 as targets.

Comment: the RSI is bearish and calls for further downside.

Supports and resistances:

1.3430

1.3260

1.3043

1.2738 Last

1.2670

1.2610

1.2470

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-13-2024 at 08:59 UTC+1

Price reference: 1.2738 last known on 11-13-2024 at 08:59 UTC+1

Investment horizon: ST

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