GBP/USD may fall 38 - 68 pips
BY Trading Central
|noviembre 14, 2024Intraday: the downside prevails.
Pivot
1.2735
Our preference
Short positions below 1.2735 with targets at 1.2650 & 1.2620 in extension.
Alternative scenario
Above 1.2735 look for further upside with 1.2770 & 1.2810 as targets.
Comment
As long as 1.2735 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
1.2810
1.2770
1.2735
1.2688 Last
1.2650
1.2620
1.2600
Number of asterisks represents the strength of support and resistance levels.
© 2024 Trading Central. All Rights Reserved. The information contained herein: (1) is proprietary to Trading Central and/or its content providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely; and, (4) does not constitute advice or a recommendation by TIO Markets Ltd, Trading Central or its content providers in respect of the investment in financial instruments. Neither TIO Markets Ltd nor Trading Central nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Pricing, historical chart data and fundamental company data are provided by Morningstar Research Inc.
Technical Event® is a registered trademark of Trading Central.
Trading Central products and services are protected under U.S. Patent Nos.: 6,801,201; 7,469,226; 7,469,238; 7,835,966; and 7,853,506; and corresponding foreign patents.
Join us on social media
Related Posts
undefined