GBP/USD may rise 30 - 60 pips
BY Trading Central
|10 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.
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