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GBP/USD Intraday: under pressure.
2024-01-17
345
Pivot: 1.2670
Our preference: short positions below 1.2670 with targets at 1.2600 & 1.2580 in extension.
Alternative scenario: above 1.2670 look for further upside with 1.2690 & 1.2710 as targets.
Comment: as long as the resistance at 1.2670 is not surpassed, the risk of the break below 1.2600 remains high.
Supports and resistances:
1.2710
1.2690
1.2670
1.2634 Last
1.2600
1.2580
1.2560
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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