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GBP/USD ST: supported by a rising trend line.
2024-03-27
197
Pivot: 1.2500
Our preference: long positions above 1.2500 with targets at 1.2890 & 1.2995 in extension.
Alternative scenario: below 1.2500 look for further downside with 1.2300 & 1.2180 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.3140
1.2995
1.2890
1.2616 Last
1.2500
1.2300
1.2180
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