GBP/USD Intraday: under pressure.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-12-24 12:48Source:TC

Pivot: 1.2555

Our preference: short positions below 1.2555 with targets at 1.2505 & 1.2475 in extension.

Alternative scenario: above 1.2555 look for further upside with 1.2580 & 1.2615 as targets.

Comment: as long as the resistance at 1.2555 is not surpassed, the risk of the break below 1.2505 remains high.

Supports and resistances:

1.2615

1.2580

1.2555

1.2529 Last

1.2505

1.2475

1.2450

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-24-2024 at 12:48 UTC+1

Price reference: 1.2529 last known on 12-24-2024 at 12:48 UTC+1

Investment horizon: INTRADAY

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