GBP/USD Intraday: the upside prevails.

Limited Increase
u
2024-03-04 16:03Source:TC

Pivot: 1.2655

Our preference: long positions above 1.2655 with targets at 1.2710 & 1.2725 in extension.

Alternative scenario: below 1.2655 look for further downside with 1.2635 & 1.2615 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

1.2740

1.2725

1.2710

1.2686 Last

1.2655

1.2635

1.2615

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 03-04-2024 at 16:03 UTC+1

Price reference: 1.2686 last known on 03-04-2024 at 16:03 UTC+1

Investment horizon: INTRADAY

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