GBP/USD may rise 23 - 53 pips
BY Trading Central
|August 29, 2024Intraday: turning up.
Pivot
1.3165
Our preference
Long positions above 1.3165 with targets at 1.3235 & 1.3265 in extension.
Alternative scenario
Below 1.3165 look for further downside with 1.3140 & 1.3115 as targets.
Comment
The RSI calls for a new upleg.
Supports and resistances
1.3285
1.3265
1.3235
1.3212 Last
1.3165
1.3140
1.3115
Number of asterisks represents the strength of support and resistance levels.
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