GBP/USD may rise 17 - 37 pips
BY Trading Central
|4 10, 2024Intraday: bullish bias above 1.2660.
Pivot
1.2660
Our preference
Long positions above 1.2660 with targets at 1.2690 & 1.2710 in extension.
Alternative scenario
Below 1.2660 look for further downside with 1.2645 & 1.2630 as targets.
Comment
A support base at 1.2660 has formed and has allowed for a temporary stabilisation.
Supports and resistances
1.2730
1.2710
1.2690
1.2673 Last
1.2660
1.2645
1.2630
Number of asterisks represents the strength of support and resistance levels.
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