GBP/USD Intraday: under pressure.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-12-12 13:09Source:TC

Pivot: 1.2760

Our preference: short positions below 1.2760 with targets at 1.2710 & 1.2685 in extension.

Alternative scenario: above 1.2760 look for further upside with 1.2780 & 1.2800 as targets.

Comment: the break below 1.2760 is a negative signal that has opened a path to 1.2710.

Supports and resistances:

1.2800

1.2780

1.2760

1.2736 Last

1.2710

1.2685

1.2660

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-12-2024 at 13:09 UTC+1

Price reference: 1.2736 last known on 12-12-2024 at 13:09 UTC+1

Investment horizon: INTRADAY

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