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GBP/USD MT: the upside prevails.
2024-04-29
755
Pivot: 1.1780
Our preference: long positions above 1.1780 with targets at 1.3145 & 1.3740 in extension.
Alternative scenario: below 1.1780 look for further downside with 1.1480 & 1.0850 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
1.4250
1.3740
1.3145
1.2535 Last
1.1780
1.1480
1.0850
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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