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GBP/USD Intraday: key resistance at 1.2400.
2024-04-22
148
Pivot: 1.2400
Our preference: short positions below 1.2400 with targets at 1.2350 & 1.2330 in extension.
Alternative scenario: above 1.2400 look for further upside with 1.2435 & 1.2465 as targets.
Comment: as long as the resistance at 1.2400 is not surpassed, the risk of the break below 1.2350 remains high.
Supports and resistances:
1.2465
1.2435
1.2400
1.2371 Last
1.2350
1.2330
1.2310
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