GBP/USD Intraday: continuation of the rebound.

Limited Increase
u
2025-07-18 05:24Source:TC

Pivot: 1.3400

Our preference: long positions above 1.3400 with targets at 1.3460 & 1.3485 in extension.

Alternative scenario: below 1.3400 look for further downside with 1.3380 & 1.3360 as targets.

Comment: the RSI calls for a new upleg.

Supports and resistances:

1.3510

1.3485

1.3460

1.3434 Last

1.3400

1.3380

1.3360

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 07-18-2025 at 05:24 UTC+1

Price reference: 1.3434 last known on 07-18-2025 at 05:24 UTC+1

Investment horizon: INTRADAY

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