GBP/USD Intraday: further upside.

Limited Increase
u
2025-04-14 13:07Source:TC

Pivot: 1.3125

Our preference: long positions above 1.3125 with targets at 1.3200 & 1.3235 in extension.

Alternative scenario: below 1.3125 look for further downside with 1.3095 & 1.3070 as targets.

Comment: the break above 1.3125 is a positive signal that has opened a path to 1.3200.

Supports and resistances:

1.3275

1.3235

1.3200

1.3188 Last

1.3125

1.3095

1.3070

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 04-14-2025 at 13:07 UTC+1

Price reference: 1.3188 last known on 04-14-2025 at 13:07 UTC+1

Investment horizon: INTRADAY

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