GBP/USD Intraday: continuation of the rebound.

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1675392886756
GBPUSD+0%
2024-12-17 02:46Source:TC

Pivot: 1.2645

Our preference: long positions above 1.2645 with targets at 1.2710 & 1.2745 in extension.

Alternative scenario: below 1.2645 look for further downside with 1.2605 & 1.2580 as targets.

Comment: the break above 1.2645 is a positive signal that has opened a path to 1.2710.

Supports and resistances:

1.2780

1.2745

1.2710

1.2686 Last

1.2645

1.2605

1.2580

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-17-2024 at 02:46 UTC+1

Price reference: 1.2686 last known on 12-17-2024 at 02:46 UTC+1

Investment horizon: INTRADAY

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