GBP/USD may fall 26 - 46 pips
BY Trading Central
|9 18, 2024Intraday: under pressure.
Pivot
1.3190
Our preference
Short positions below 1.3190 with targets at 1.3130 & 1.3110 in extension.
Alternative scenario
Above 1.3190 look for further upside with 1.3210 & 1.3230 as targets.
Comment
As long as 1.3190 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
1.3230
1.3210
1.3190
1.3156 Last
1.3130
1.3110
1.3090
Number of asterisks represents the strength of support and resistance levels.
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