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GBP/USD Intraday: watch 1.2080.
2023-10-26
738
Pivot: 1.2130
Our preference: short positions below 1.2130 with targets at 1.2080 & 1.2050 in extension.
Alternative scenario: above 1.2130 look for further upside with 1.2155 & 1.2175 as targets.
Comment: a break below 1.2080 would trigger a drop towards 1.2050.
Supports and resistances:
1.2175
1.2155
1.2130
1.2092 Last
1.2080
1.2050
1.2035
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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