GBP/USD Intraday: under pressure.

Limited Decrease
l
2025-11-21 13:06Source:TC

Pivot: 1.3080

Our preference: short positions below 1.3080 with targets at 1.3010 & 1.2970 in extension.

Alternative scenario: above 1.3080 look for further upside with 1.3105 & 1.3120 as targets.

Comment: as long as 1.3080 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.3120

1.3105

1.3080

1.3042 Last

1.3010

1.2970

1.2950

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-21-2025 at 13:06 UTC+1

Price reference: 1.3042 last known on 11-21-2025 at 13:06 UTC+1

Investment horizon: INTRADAY

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