GBP/USD Intraday: key resistance at 1.2790.

Limited Decrease
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1675392886756
GBPUSD+0%
2024-11-13 13:11Source:TC

Pivot: 1.2790

Our preference: short positions below 1.2790 with targets at 1.2700 & 1.2665 in extension.

Alternative scenario: above 1.2790 look for further upside with 1.2830 & 1.2875 as targets.

Comment: as long as 1.2790 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.2875

1.2830

1.2790

1.2757 Last

1.2700

1.2665

1.2640

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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

Price reference: 1.2757 last known on 11-13-2024 at 13:11 UTC+1

Investment horizon: INTRADAY

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