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GBP/USD Intraday: the upside prevails.

2024-03-21
721

Pivot: 1.2750

Our preference: long positions above 1.2750 with targets at 1.2815 & 1.2840 in extension.

Alternative scenario: below 1.2750 look for further downside with 1.2725 & 1.2705 as targets.

Comment: the RSI advocates for further advance.

Supports and resistances:

1.2860

1.2840

1.2815

1.2791 Last

1.2750

1.2725

1.2705

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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