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GBP/USD Intraday: the downside prevails.
2024-04-16
733
Pivot: 1.2465
Our preference: short positions below 1.2465 with targets at 1.2400 & 1.2375 in extension.
Alternative scenario: above 1.2465 look for further upside with 1.2495 & 1.2520 as targets.
Comment: the RSI advocates for further decline.
Supports and resistances:
1.2520
1.2495
1.2465
1.2427 Last
1.2400
1.2375
1.2350
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