GBP/USD Intraday: the upside prevails.

Limited Increase
u
202506031015317b03ae80270b83a87f6b4ba072cc5804
GBPUSD+0%
2022-12-01 13:32Source:TC

Pivot: 1.2065

Our preference: long positions above 1.2065 with targets at 1.2215 & 1.2255 in extension.

Alternative scenario: below 1.2065 look for further downside with 1.2025 & 1.1985 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

1.2300

1.2255

1.2215

1.2182 Last

1.2065

1.2025

1.1985

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-01-2022 at 13:32 UTC+1

Price reference: 1.2182 last known on 12-01-2022 at 13:32 UTC+1

Investment horizon: INTRADAY

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