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GBP/USD Intraday: further upside.
2024-03-04
805
Pivot: 1.2635
Our preference: long positions above 1.2635 with targets at 1.2675 & 1.2695 in extension.
Alternative scenario: below 1.2635 look for further downside with 1.2615 & 1.2600 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.2710
1.2695
1.2675
1.2659 Last
1.2635
1.2615
1.2600
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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