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GBP/USD Intraday: further advance.

2024-01-11
160

Pivot: 1.2710

Our preference: long positions above 1.2710 with targets at 1.2765 & 1.2785 in extension.

Alternative scenario: below 1.2710 look for further downside with 1.2690 & 1.2670 as targets.

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

Supports and resistances:

1.2810

1.2785

1.2765

1.2742 Last

1.2710

1.2690

1.2670

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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