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GBP/USD Intraday: rebound in sight.

2023-09-13
730

Pivot: 1.2465

Our preference: long positions above 1.2465 with targets at 1.2515 & 1.2530 in extension.

Alternative scenario: below 1.2465 look for further downside with 1.2450 & 1.2435 as targets.

Comment: the RSI calls for a bounce.

Supports and resistances:

1.2545

1.2530

1.2515

1.2492 Last

1.2465

1.2450

1.2435

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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