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GBP/USD Intraday: the upside prevails.
2024-01-12
506
Pivot: 1.2740
Our preference: long positions above 1.2740 with targets at 1.2785 & 1.2810 in extension.
Alternative scenario: below 1.2740 look for further downside with 1.2720 & 1.2700 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.2830
1.2810
1.2785
1.2751 Last
1.2740
1.2720
1.2700
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