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GBP/USD Intraday: the upside prevails.
2023-10-04
414
Pivot: 1.2100
Our preference: long positions above 1.2100 with targets at 1.2175 & 1.2195 in extension.
Alternative scenario: below 1.2100 look for further downside with 1.2080 & 1.2050 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
1.2220
1.2195
1.2175
1.2131 Last
1.2100
1.2080
1.2050
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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