GBP/USD Intraday: the downside prevails.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-11-22 07:21Source:TC

Pivot: 1.2605

Our preference: short positions below 1.2605 with targets at 1.2540 & 1.2520 in extension.

Alternative scenario: above 1.2605 look for further upside with 1.2625 & 1.2650 as targets.

Comment: the immediate trend remains down and the momentum is strong.

Supports and resistances:

1.2650

1.2625

1.2605

1.2568 Last

1.2540

1.2520

1.2500

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-22-2024 at 07:21 UTC+1

Price reference: 1.2568 last known on 11-22-2024 at 07:21 UTC+1

Investment horizon: INTRADAY

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