GBP/USD Intraday: intraday support around 1.2530.

Limited Increase
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GBPUSD+0%
2024-12-23 11:26Source:TC

Pivot: 1.2530

Our preference: long positions above 1.2530 with targets at 1.2615 & 1.2640 in extension.

Alternative scenario: below 1.2530 look for further downside with 1.2495 & 1.2470 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:

1.2665

1.2640

1.2615

1.2566 Last

1.2530

1.2495

1.2470

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-23-2024 at 11:26 UTC+1

Price reference: 1.2566 last known on 12-23-2024 at 11:26 UTC+1

Investment horizon: INTRADAY

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