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GBP/USD Intraday: the upside prevails.
2023-10-05
1035
Pivot: 1.2125
Our preference: long positions above 1.2125 with targets at 1.2175 & 1.2195 in extension.
Alternative scenario: below 1.2125 look for further downside with 1.2105 & 1.2085 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
1.2215
1.2195
1.2175
1.2141 Last
1.2125
1.2105
1.2085
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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