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GBP/USD Intraday: key resistance at 1.2520.
2024-04-29
172
Pivot: 1.2520
Our preference: short positions below 1.2520 with targets at 1.2485 & 1.2470 in extension.
Alternative scenario: above 1.2520 look for further upside with 1.2540 & 1.2560 as targets.
Comment: as long as 1.2520 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.2560
1.2540
1.2520
1.2502 Last
1.2485
1.2470
1.2450
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