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GBP/USD Intraday: under pressure.
2024-03-11
502
Pivot: 1.2860
Our preference: short positions below 1.2860 with targets at 1.2800 & 1.2780 in extension.
Alternative scenario: above 1.2860 look for further upside with 1.2895 & 1.2920 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.2920
1.2895
1.2860
1.2823 Last
1.2800
1.2780
1.2760
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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