GBP/USD Intraday: consolidation in place.

Limited Decrease
l
1675392886756
GBPUSD+0%
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:

1.2710

1.2690

1.2670

1.2665 Last

1.2635

1.2610

1.2585

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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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

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