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GBP/USD Intraday: supported by a rising trend line.
2024-07-15
780
Pivot: 1.2960
Our preference: long positions above 1.2960 with targets at 1.3020 & 1.3040 in extension.
Alternative scenario: below 1.2960 look for further downside with 1.2920 & 1.2900 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
1.3080
1.3040
1.3020
1.2983 Last
1.2960
1.2920
1.2900
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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