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GBP/USD Intraday: the bias remains bullish.
2023-10-05
541
Pivot: 1.2105
Our preference: long positions above 1.2105 with targets at 1.2160 & 1.2175 in extension.
Alternative scenario: below 1.2105 look for further downside with 1.2090 & 1.2070 as targets.
Comment: technically the RSI is above its neutrality area at 50.
Supports and resistances:
1.2195
1.2175
1.2160
1.2138 Last
1.2105
1.2090
1.2070
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