GBP/USD Intraday: the upside prevails.

Limited Increase
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1675392886756
GBPUSD+0%
2024-11-20 02:44Source:TC

Pivot: 1.2650

Our preference: long positions above 1.2650 with targets at 1.2720 & 1.2740 in extension.

Alternative scenario: below 1.2650 look for further downside with 1.2620 & 1.2595 as targets.

Comment: the RSI advocates for further upside.

Supports and resistances:

1.2760

1.2740

1.2720

1.2684 Last

1.2650

1.2620

1.2595

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-20-2024 at 02:44 UTC+1

Price reference: 1.2684 last known on 11-20-2024 at 02:44 UTC+1

Investment horizon: INTRADAY

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