GBP/USD Intraday: consolidation.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-12-02 00:49Source:TC

Pivot: 1.2745

Our preference: short positions below 1.2745 with targets at 1.2670 & 1.2640 in extension.

Alternative scenario: above 1.2745 look for further upside with 1.2765 & 1.2790 as targets.

Comment: as long as the resistance at 1.2745 is not surpassed, the risk of the break below 1.2670 remains high.

Supports and resistances:

1.2790

1.2765

1.2745

1.2699 Last

1.2670

1.2640

1.2620

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-02-2024 at 00:49 UTC+1

Price reference: 1.2699 last known on 12-02-2024 at 00:49 UTC+1

Investment horizon: INTRADAY

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