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GBP/USD Intraday: intraday support around 1.2800.
2024-03-08
433
Pivot: 1.2800
Our preference: long positions above 1.2800 with targets at 1.2860 & 1.2890 in extension.
Alternative scenario: below 1.2800 look for further downside with 1.2780 & 1.2760 as targets.
Comment: a support base at 1.2800 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.2910
1.2890
1.2860
1.2823 Last
1.2800
1.2780
1.2760
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