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GBP/USD Intraday: the bias remains bullish.

2024-03-26
937

Pivot: 1.2630

Our preference: long positions above 1.2630 with targets at 1.2675 & 1.2690 in extension.

Alternative scenario: below 1.2630 look for further downside with 1.2615 & 1.2595 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

1.2705

1.2690

1.2675

1.2656 Last

1.2630

1.2615

1.2595

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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