GBP/USD Intraday: the upside prevails.
Pivot: 1.2325
Our preference: long positions above 1.2325 with targets at 1.2395 & 1.2425 in extension.
Alternative scenario: below 1.2325 look for further downside with 1.2300 & 1.2275 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
1.2455
1.2425
1.2395
1.2364 Last
1.2325
1.2300
1.2275
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.
CM Trade Mobile Application
Economics Calendar
More