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GBP/USD Intraday: key resistance at 1.2575.
2024-04-02
984
Pivot: 1.2575
Our preference: short positions below 1.2575 with targets at 1.2525 & 1.2500 in extension.
Alternative scenario: above 1.2575 look for further upside with 1.2600 & 1.2625 as targets.
Comment: as long as the resistance at 1.2575 is not surpassed, the risk of the break below 1.2525 remains high.
Supports and resistances:
1.2625
1.2600
1.2575
1.2544 Last
1.2525
1.2500
1.2475
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