GBP/USD may rise to 1.2890 - 1.2995
BY Trading Central
|March 20, 2024ST: supported by a rising trend line.
Pivot
1.2500
Our preference
Long positions above 1.2500 with targets at 1.2890 & 1.2995 in extension.
Alternative scenario
Below 1.2500 look for further downside with 1.2300 & 1.2180 as targets.
Comment
The RSI shows upside momentum.
Supports and resistances
1.3140
1.2995
1.2890
1.2720 Last
1.2500
1.2300
1.2180
Number of asterisks represents the strength of support and resistance levels.
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