GBP/USD Intraday: the downside prevails.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-12-13 04:47Source:TC

Pivot: 1.2705

Our preference: short positions below 1.2705 with targets at 1.2640 & 1.2605 in extension.

Alternative scenario: above 1.2705 look for further upside with 1.2730 & 1.2760 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.2760

1.2730

1.2705

1.2659 Last

1.2640

1.2605

1.2580

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-13-2024 at 04:47 UTC+1

Price reference: 1.2659 last known on 12-13-2024 at 04:47 UTC+1

Investment horizon: INTRADAY

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