GBP/USD Intraday: further advance.

Limited Increase
u
1675392886756
GBPUSD+0%
2025-03-03 11:11Source:TC

Pivot: 1.2585

Our preference: long positions above 1.2585 with targets at 1.2650 & 1.2685 in extension.

Alternative scenario: below 1.2585 look for further downside with 1.2555 & 1.2535 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:

1.2715

1.2685

1.2650

1.2631 Last

1.2585

1.2555

1.2535

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 03-03-2025 at 11:11 UTC+1

Price reference: 1.2631 last known on 03-03-2025 at 11:11 UTC+1

Investment horizon: INTRADAY

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