GBP/USD may rise 27 - 57 pips

BY Trading Central

|March 8, 2024

Intraday: bullish bias above 1.2765.

 Intraday: bullish bias above 1.2765.



Our preference

Long positions above 1.2765 with targets at 1.2830 & 1.2860 in extension.

Alternative scenario

Below 1.2765 look for further downside with 1.2740 & 1.2720 as targets.


The break above 1.2765 is a positive signal that has opened a path to 1.2830.

Supports and resistances




1.2803 Last




Number of asterisks represents the strength of support and resistance levels.

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