GBP/USD Intraday: further upside.
Our preference: long positions above 1.2210 with targets at 1.2270 & 1.2300 in extension.
Alternative scenario: below 1.2210 look for further downside with 1.2175 & 1.2140 as targets.
Comment: the RSI advocates for further upside.
Supports and resistances:
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.