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GBP/USD Intraday: the upside prevails.
2024-04-24
866
Pivot: 1.2390
Our preference: long positions above 1.2390 with targets at 1.2480 & 1.2510 in extension.
Alternative scenario: below 1.2390 look for further downside with 1.2360 & 1.2330 as targets.
Comment: the break above 1.2390 is a positive signal that has opened a path to 1.2480.
Supports and resistances:
1.2540
1.2510
1.2480
1.2446 Last
1.2390
1.2360
1.2330
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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