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GBP/USD Intraday: watch 1.2510.

2024-04-11
1012

Pivot: 1.2580

Our preference: short positions below 1.2580 with targets at 1.2510 & 1.2480 in extension.

Alternative scenario: above 1.2580 look for further upside with 1.2610 & 1.2640 as targets.

Comment: a break below 1.2510 would trigger a drop towards 1.2480.

Supports and resistances:

1.2640

1.2610

1.2580

1.2536 Last

1.2510

1.2480

1.2450

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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