GBP/USD may rise 20 - 40 pips
BY Trading Central
|iulie 31, 2024Intraday: rebound.
Pivot
1.2820
Our preference
Long positions above 1.2820 with targets at 1.2865 & 1.2885 in extension.
Alternative scenario
Below 1.2820 look for further downside with 1.2800 & 1.2780 as targets.
Comment
The RSI calls for a rebound.
Supports and resistances
1.2910
1.2885
1.2865
1.2845 Last
1.2820
1.2800
1.2780
Number of asterisks represents the strength of support and resistance levels.
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