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GBP/USD Intraday: key resistance at 1.2470.
2024-04-17
648
Pivot: 1.2470
Our preference: short positions below 1.2470 with targets at 1.2400 & 1.2375 in extension.
Alternative scenario: above 1.2470 look for further upside with 1.2495 & 1.2520 as targets.
Comment: as long as 1.2470 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.2520
1.2495
1.2470
1.2428 Last
1.2400
1.2375
1.2350
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