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GBP/USD Intraday: the upside prevails.
2024-02-07
548
Pivot: 1.2575
Our preference: long positions above 1.2575 with targets at 1.2645 & 1.2675 in extension.
Alternative scenario: below 1.2575 look for further downside with 1.2555 & 1.2535 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.2700
1.2675
1.2645
1.2623 Last
1.2575
1.2555
1.2535
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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