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GBP/USD Intraday: the upside prevails.
2024-02-08
193
Pivot: 1.2605
Our preference: long positions above 1.2605 with targets at 1.2645 & 1.2665 in extension.
Alternative scenario: below 1.2605 look for further downside with 1.2585 & 1.2565 as targets.
Comment: a support base at 1.2605 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.2685
1.2665
1.2645
1.2628 Last
1.2605
1.2585
1.2565
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