GBP/USD Intraday: the bias remains bullish.

Limited Increase
u
1675392886756
GBPUSD+0%
2025-02-24 00:43Source:TC

Pivot: 1.2620

Our preference: long positions above 1.2620 with targets at 1.2675 & 1.2695 in extension.

Alternative scenario: below 1.2620 look for further downside with 1.2600 & 1.2580 as targets.

Comment: the RSI calls for a rebound.

Supports and resistances:

1.2720

1.2695

1.2675

1.2652 Last

1.2620

1.2600

1.2580

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 02-24-2025 at 00:43 UTC+1

Price reference: 1.2652 last known on 02-24-2025 at 00:43 UTC+1

Investment horizon: INTRADAY

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