GBP/USD Intraday: choppy.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-12-12 07:07Source:TC

Pivot: 1.2780

Our preference: short positions below 1.2780 with targets at 1.2730 & 1.2710 in extension.

Alternative scenario: above 1.2780 look for further upside with 1.2800 & 1.2820 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.2780.

Supports and resistances:

1.2820

1.2800

1.2780

1.2761 Last

1.2730

1.2710

1.2690

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-12-2024 at 07:07 UTC+1

Price reference: 1.2761 last known on 12-12-2024 at 07:07 UTC+1

Investment horizon: INTRADAY

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