GBP/USD Intraday: watch 1.2595.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-12-03 04:45Source:TC

Pivot: 1.2670

Our preference: short positions below 1.2670 with targets at 1.2615 & 1.2595 in extension.

Alternative scenario: above 1.2670 look for further upside with 1.2690 & 1.2720 as targets.

Comment: as long as the resistance at 1.2670 is not surpassed, the risk of the break below 1.2615 remains high.

Supports and resistances:

1.2720

1.2690

1.2670

1.2648 Last

1.2615

1.2595

1.2570

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-03-2024 at 04:45 UTC+1

Price reference: 1.2648 last known on 12-03-2024 at 04:45 UTC+1

Investment horizon: INTRADAY

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