GBP/USD may rise 35 - 60 pips
BY Trading Central
|July 4, 2024Intraday: bullish bias above 1.2715.
Pivot
1.2715
Our preference
Long positions above 1.2715 with targets at 1.2775 & 1.2800 in extension.
Alternative scenario
Below 1.2715 look for further downside with 1.2695 & 1.2675 as targets.
Comment
The RSI lacks downward momentum.
Supports and resistances
1.2830
1.2800
1.2775
1.2740 Last
1.2715
1.2695
1.2675
Number of asterisks represents the strength of support and resistance levels.
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