GBP/USD Intraday: under pressure.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-11-26 02:55Source:TC

Pivot: 1.2575

Our preference: short positions below 1.2575 with targets at 1.2485 & 1.2465 in extension.

Alternative scenario: above 1.2575 look for further upside with 1.2595 & 1.2615 as targets.

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

Supports and resistances:

1.2615

1.2595

1.2575

1.2527 Last

1.2485

1.2465

1.2450

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-26-2024 at 02:55 UTC+1

Price reference: 1.2527 last known on 11-26-2024 at 02:55 UTC+1

Investment horizon: INTRADAY

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