GBP/USD Intraday: bullish bias above 1.2680.

Limited Increase
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GBPUSD+0%
2024-11-29 13:13Source:TC

Pivot: 1.2680

Our preference: long positions above 1.2680 with targets at 1.2750 & 1.2770 in extension.

Alternative scenario: below 1.2680 look for further downside with 1.2660 & 1.2640 as targets.

Comment: a support base at 1.2680 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.2795

1.2770

1.2750

1.2698 Last

1.2680

1.2660

1.2640

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-29-2024 at 13:13 UTC+1

Price reference: 1.2698 last known on 11-29-2024 at 13:13 UTC+1

Investment horizon: INTRADAY

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