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GBP/USD Intraday: under pressure.

2024-02-13
890

Pivot: 1.2640

Our preference: short positions below 1.2640 with targets at 1.2595 & 1.2580 in extension.

Alternative scenario: above 1.2640 look for further upside with 1.2655 & 1.2670 as targets.

Comment: the RSI lacks upward momentum.

Supports and resistances:

1.2670

1.2655

1.2640

1.2616 Last

1.2595

1.2580

1.2565

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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