GBP/USD Intraday: bullish bias above 1.2680
Nov 29, 2024 12:13 PM
long positions above 1.2680 with targets at 1.2750 & 1.2770 in extension.
Pivot: 1.2680
Our preference:
long positions above 1.2680 with targets at 1.2750 & 1.2770 in extension.
Alternative scenario:
below 1.2680 look for further downside with 1.2660 & 1.2640 as targets.
Comment:
a support base at 1.2680 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.2795
1.2770
1.2750
1.2698 Last
1.2680
1.2660
1.2640
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.