GBP/USD Intraday: under pressure.

Limited Decrease
l
202506031015317b03ae80270b83a87f6b4ba072cc5804
GBPUSD+0%
2023-08-29 13:18Source:TC

Pivot: 1.2635

Our preference: short positions below 1.2635 with targets at 1.2580 & 1.2565 in extension.

Alternative scenario: above 1.2635 look for further upside with 1.2650 & 1.2670 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.2670

1.2650

1.2635

1.2593 Last

1.2580

1.2565

1.2545

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 08-29-2023 at 13:18 UTC+1

Price reference: 1.2593 last known on 08-29-2023 at 13:18 UTC+1

Investment horizon: INTRADAY

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