GBP/USD Intraday: the downside prevails.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-12-13 11:17Source:TC

Pivot: 1.2680

Our preference: short positions below 1.2680 with targets at 1.2605 & 1.2580 in extension.

Alternative scenario: above 1.2680 look for further upside with 1.2710 & 1.2730 as targets.

Comment: as long as the resistance at 1.2680 is not surpassed, the risk of the break below 1.2605 remains high.

Supports and resistances:

1.2730

1.2710

1.2680

1.2640 Last

1.2605

1.2580

1.2560

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-13-2024 at 11:17 UTC+1

Price reference: 1.2640 last known on 12-13-2024 at 11:17 UTC+1

Investment horizon: INTRADAY

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