GBP/USD Intraday: the downside prevails.

Limited Decrease
l
1675392886756
GBPUSD+0%
2025-03-11 00:39Source:TC

Pivot: 1.2905

Our preference: short positions below 1.2905 with targets at 1.2855 & 1.2835 in extension.

Alternative scenario: above 1.2905 look for further upside with 1.2925 & 1.2945 as targets.

Comment: the RSI calls for a new downleg.

Supports and resistances:

1.2945

1.2925

1.2905

1.2876 Last

1.2855

1.2835

1.2805

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 03-11-2025 at 00:39 UTC+1

Price reference: 1.2876 last known on 03-11-2025 at 00:39 UTC+1

Investment horizon: INTRADAY

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