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GBP/USD Intraday: watch 1.2720.

2024-01-15
806

Pivot: 1.2765

Our preference: short positions below 1.2765 with targets at 1.2720 & 1.2700 in extension.

Alternative scenario: above 1.2765 look for further upside with 1.2785 & 1.2800 as targets.

Comment: a break below 1.2720 would trigger a drop towards 1.2700.

Supports and resistances:

1.2800

1.2785

1.2765

1.2741 Last

1.2720

1.2700

1.2680

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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