GBP/USD Intraday: the upside prevails.

Limited Increase
u
202506031015317b03ae80270b83a87f6b4ba072cc5804
GBPUSD+0%
2024-04-18 13:19Source:TC

Pivot: 1.2440

Our preference: long positions above 1.2440 with targets at 1.2485 & 1.2500 in extension.

Alternative scenario: below 1.2440 look for further downside with 1.2420 & 1.2400 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:

1.2520

1.2500

1.2485

1.2475 Last

1.2440

1.2420

1.2400

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 04-18-2024 at 13:19 UTC+1

Price reference: 1.2475 last known on 04-18-2024 at 13:19 UTC+1

Investment horizon: INTRADAY

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