GBP/USD Intraday: intraday support around 1.2503.

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GBPUSD+0%
2024-11-26 11:32Source:TC

Pivot: 1.2503

Our preference: long positions above 1.2503 with targets at 1.2610 & 1.2645 in extension.

Alternative scenario: below 1.2503 look for further downside with 1.2460 & 1.2420 as targets.

Comment: a support base at 1.2503 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.2675

1.2645

1.2610

1.2581 Last

1.2503

1.2460

1.2420

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-26-2024 at 11:32 UTC+1

Price reference: 1.2581 last known on 11-26-2024 at 11:32 UTC+1

Investment horizon: INTRADAY

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