GBP/USD Intraday: under pressure.

Limited Decrease
l
202506031015317b03ae80270b83a87f6b4ba072cc5804
GBPUSD+0%
2023-02-16 16:05Source:TC

Pivot: 1.2030

Our preference: short positions below 1.2030 with targets at 1.1960 & 1.1930 in extension.

Alternative scenario: above 1.2030 look for further upside with 1.2080 & 1.2110 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.2110

1.2080

1.2030

1.1980 Last

1.1960

1.1930

1.1895

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 02-16-2023 at 16:05 UTC+1

Price reference: 1.1980 last known on 02-16-2023 at 16:05 UTC+1

Investment horizon: INTRADAY

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