GBP/USD Intraday: key resistance at 1.2990.

Oct 30, 2024 11:58 PM
short positions below 1.2990 with targets at 1.2935 & 1.2905 in extension.
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Pivot: 1.2990
Our preference:
short positions below 1.2990 with targets at 1.2935 & 1.2905 in extension.
Alternative scenario:
above 1.2990 look for further upside with 1.3010 & 1.3040 as targets.
Comment:
a break below 1.2935 would trigger a drop towards 1.2905.
Supports and resistances:
1.3040
1.3010
1.2990
1.2954 Last
1.2935
1.2905
1.2880
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.

Related Instruments

GBP/USD
1.29846
0.00975
+0.76%
* References, analysis, and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgement of the analyst, without considering the investment objectives and financial situation of the investors.
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