GBP/USD Intraday: continuation of the rebound.

Limited Increase
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1675392886756
GBPUSD+0%
2025-04-10 13:09Source:TC

Pivot: 1.2860

Our preference: long positions above 1.2860 with targets at 1.2985 & 1.3045 in extension.

Alternative scenario: below 1.2860 look for further downside with 1.2810 & 1.2785 as targets.

Comment: the break above the resistance at 1.2860 triggered an upward acceleration to 1.2985.

Supports and resistances:

1.3110

1.3045

1.2985

1.2918 Last

1.2860

1.2810

1.2785

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 04-10-2025 at 13:09 UTC+1

Price reference: 1.2918 last known on 04-10-2025 at 13:09 UTC+1

Investment horizon: INTRADAY

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