GBP/USD Intraday: the downside prevails.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-11-14 11:15Source:TC

Pivot: 1.2710

Our preference: short positions below 1.2710 with targets at 1.2620 & 1.2590 in extension.

Alternative scenario: above 1.2710 look for further upside with 1.2740 & 1.2765 as targets.

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

Supports and resistances:

1.2765

1.2740

1.2710

1.2658 Last

1.2620

1.2590

1.2505

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-14-2024 at 11:15 UTC+1

Price reference: 1.2658 last known on 11-14-2024 at 11:15 UTC+1

Investment horizon: INTRADAY

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