GBP/USD may rise 27 - 57 pips
BY Trading Central
|Mac 8, 2024Intraday: bullish bias above 1.2765.
Pivot
1.2765
Our preference
Long positions above 1.2765 with targets at 1.2830 & 1.2860 in extension.
Alternative scenario
Below 1.2765 look for further downside with 1.2740 & 1.2720 as targets.
Comment
The break above 1.2765 is a positive signal that has opened a path to 1.2830.
Supports and resistances
1.2890
1.2860
1.2830
1.2803 Last
1.2765
1.2740
1.2720
Number of asterisks represents the strength of support and resistance levels.
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