GBP/USD Intraday: the bias remains bullish.

Limited Increase
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1675392886756
GBPUSD+0%
2024-12-05 04:39Source:TC

Pivot: 1.2670

Our preference: long positions above 1.2670 with targets at 1.2720 & 1.2745 in extension.

Alternative scenario: below 1.2670 look for further downside with 1.2650 & 1.2630 as targets.

Comment: the RSI is above its neutrality area at 50%.

Supports and resistances:

1.2765

1.2745

1.2720

1.2701 Last

1.2670

1.2650

1.2630

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-05-2024 at 04:39 UTC+1

Price reference: 1.2701 last known on 12-05-2024 at 04:39 UTC+1

Investment horizon: INTRADAY

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