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GBP/USD Intraday: the upside prevails.
2024-02-07
641
Pivot: 1.2575
Our preference: long positions above 1.2575 with targets at 1.2625 & 1.2645 in extension.
Alternative scenario: below 1.2575 look for further downside with 1.2555 & 1.2535 as targets.
Comment: technically the RSI is above its neutrality area at 50.
Supports and resistances:
1.2675
1.2645
1.2625
1.2601 Last
1.2575
1.2555
1.2535
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