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GBP/USD Intraday: bullish bias above 1.2425.
2024-04-25
893
Pivot: 1.2425
Our preference: long positions above 1.2425 with targets at 1.2480 & 1.2510 in extension.
Alternative scenario: below 1.2425 look for further downside with 1.2390 & 1.2360 as targets.
Comment: a support base at 1.2425 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.2530
1.2510
1.2480
1.2464 Last
1.2425
1.2390
1.2360
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