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GBP/USD Intraday: caution.
2023-09-12
1082
Pivot: 1.2525
Our preference: short positions below 1.2525 with targets at 1.2500 & 1.2485 in extension.
Alternative scenario: above 1.2525 look for further upside with 1.2545 & 1.2565 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.2525.
Supports and resistances:
1.2565
1.2545
1.2525
1.2515 Last
1.2500
1.2485
1.2470
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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