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GBP/USD ST: under pressure.
2024-04-22
927
Pivot: 1.2710
Our preference: short positions below 1.2710 with targets at 1.2300 & 1.2180 in extension.
Alternative scenario: above 1.2710 look for further upside with 1.2800 & 1.2890 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.2890
1.2800
1.2710
1.2460 Last
1.2300
1.2180
1.2035
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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