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GBP/USD Intraday: supported by a rising trend line.
2024-03-07
855
Pivot: 1.2720
Our preference: long positions above 1.2720 with targets at 1.2780 & 1.2800 in extension.
Alternative scenario: below 1.2720 look for further downside with 1.2705 & 1.2690 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.2825
1.2800
1.2780
1.2766 Last
1.2720
1.2705
1.2690
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