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GBP/USD Intraday: the upside prevails.
2023-10-31
171
Pivot: 1.2135
Our preference: long positions above 1.2135 with targets at 1.2210 & 1.2230 in extension.
Alternative scenario: below 1.2135 look for further downside with 1.2120 & 1.2105 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.2260
1.2230
1.2210
1.2194 Last
1.2135
1.2120
1.2105
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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