GBP/USD ST: the downside prevails.

High Volatility
1675392886756
GBPUSD+0%
2024-11-27 08:48Source:TC

Pivot: 1.3043

Our preference: short positions below 1.3043 with targets at 1.2470 & 1.2300 in extension.

Alternative scenario: above 1.3043 look for further upside with 1.3260 & 1.3430 as targets.

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

Supports and resistances:

1.3430

1.3260

1.3043

1.2588 Last

1.2470

1.2300

1.2190

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-27-2024 at 08:48 UTC+1

Price reference: 1.2588 last known on 11-27-2024 at 08:48 UTC+1

Investment horizon: ST

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