GBP/USD Intraday: intraday support around 1.2385.

Limited Increase
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GBPUSD+0%
2025-01-03 22:58Source:TC

Pivot: 1.2385

Our preference: long positions above 1.2385 with targets at 1.2445 & 1.2480 in extension.

Alternative scenario: below 1.2385 look for further downside with 1.2350 & 1.2320 as targets.

Comment: the next resistances are at 1.2445 and then at 1.2480.

Supports and resistances:

1.2505

1.2480

1.2445

1.2421 Last

1.2385

1.2350

1.2320

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 01-03-2025 at 22:58 UTC+1

Price reference: 1.2421 last known on 01-03-2025 at 22:58 UTC+1

Investment horizon: INTRADAY

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