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GBP/USD Intraday: under pressure.

2024-02-13
898

Pivot: 1.2635

Our preference: short positions below 1.2635 with targets at 1.2570 & 1.2535 in extension.

Alternative scenario: above 1.2635 look for further upside with 1.2655 & 1.2685 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.2685

1.2655

1.2635

1.2602 Last

1.2570

1.2535

1.2515

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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