GBP/USD Intraday: consolidation in place.

Limited Decrease
2024-02-23 09:57Source:TC

Pivot: 1.2670

Our preference: short positions below 1.2670 with targets at 1.2635 & 1.2610 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 1.2635 remains high.

Supports and resistances:




1.2665 Last




Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 02-23-2024 at 09:57 UTC+1

Price reference: 1.2665 last known on 02-23-2024 at 09:57 UTC+1

Investment horizon: INTRADAY

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​

Reference points and analysis views from trading strategies are provided by external providers, and strategy views are only the analyst's personal evaluation and assessment, not considering the investor's investment goals and financial conditions. All strategy views are not investment advice or recommendations, only for reference. Our company also does not guarantee the accuracy of strategy views and is not responsible for any negative results that may arise from trading strategies.