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GBP/USD Intraday: the upside prevails.

2024-04-03
751

Pivot: 1.2550

Our preference: long positions above 1.2550 with targets at 1.2600 & 1.2620 in extension.

Alternative scenario: below 1.2550 look for further downside with 1.2535 & 1.2520 as targets.

Comment: the RSI is mixed with a bullish bias.

Supports and resistances:

1.2640

1.2620

1.2600

1.2568 Last

1.2550

1.2535

1.2520

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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