GBP/USD Intraday: bullish bias above 1.3450.

Limited Increase
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202506031015317b03ae80270b83a87f6b4ba072cc5804
GBPUSD+0%
2025-06-02 06:58Source:TC

Pivot: 1.3450

Our preference: long positions above 1.3450 with targets at 1.3510 & 1.3530 in extension.

Alternative scenario: below 1.3450 look for further downside with 1.3420 & 1.3390 as targets.

Comment: a support base at 1.3450 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.3560

1.3530

1.3510

1.3484 Last

1.3450

1.3420

1.3390

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 06-02-2025 at 06:58 UTC+1

Price reference: 1.3484 last known on 06-02-2025 at 06:58 UTC+1

Investment horizon: INTRADAY

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