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GBP/USD Intraday: further advance.

2024-02-22
484

Pivot: 1.2605

Our preference: long positions above 1.2605 with targets at 1.2665 & 1.2680 in extension.

Alternative scenario: below 1.2605 look for further downside with 1.2590 & 1.2575 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:

1.2700

1.2680

1.2665

1.2638 Last

1.2605

1.2590

1.2575

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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