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GBP/USD intraday: as long as 1.2618 is support look for 1.2677
2024-03-26
217
Our pivot point stands at 1.2618.
Our preference: as long as 1.2618 is support look for 1.2677.
Alternative scenario: below 1.2618, expect 1.2597 and 1.2585.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.2637 and 1.2616).
Supports and resistances:
1.2702 **
1.2689 *
1.2677 **
1.2664
1.2638 last
1.2627
1.2618 **
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