GBP/USD may rise 16 - 31 pips
BY Trading Central
|June 25, 2024Intraday: further advance.
![Intraday: further advance.](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fqjqyemfi%2Fproduction%2Fcb1343bed86a362a1ab56b18b310f179b6e7a7d2-590x400.gif%3Ffit%3Dmax%26auto%3Dformat&w=828&q=75)
Pivot
1.2675
Our preference
Long positions above 1.2675 with targets at 1.2710 & 1.2725 in extension.
Alternative scenario
Below 1.2675 look for further downside with 1.2650 & 1.2630 as targets.
Comment
The RSI advocates for further upside.
Supports and resistances
1.2740
1.2725
1.2710
1.2694 Last
1.2675
1.2650
1.2630
Number of asterisks represents the strength of support and resistance levels.
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