GBP/USD may rise 30 - 60 pips
BY Trading Central
|octubre 21, 2024Intraday: bullish bias above 1.3020.
Pivot
1.3020
Our preference
Long positions above 1.3020 with targets at 1.3070 & 1.3100 in extension.
Alternative scenario
Below 1.3020 look for further downside with 1.3000 & 1.2975 as targets.
Comment
A support base at 1.3020 has formed and has allowed for a temporary stabilisation.
Supports and resistances
1.3130
1.3100
1.3070
1.3040 Last
1.3020
1.3000
1.2975
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