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GBP/USD Intraday: further advance.

2024-02-02
279

Pivot: 1.2710

Our preference: long positions above 1.2710 with targets at 1.2770 & 1.2800 in extension.

Alternative scenario: below 1.2710 look for further downside with 1.2685 & 1.2660 as targets.

Comment: technically the RSI is above its neutrality area at 50.

Supports and resistances:

1.2820

1.2800

1.2770

1.2749 Last

1.2710

1.2685

1.2660

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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