GBP/USD Intraday: key resistance at 1.2700.

Limited Decrease
l
1675392886756
GBPUSD+0%
2024-02-26 00:45Source:TC

Pivot: 1.2700

Our preference: short positions below 1.2700 with targets at 1.2650 & 1.2630 in extension.

Alternative scenario: above 1.2700 look for further upside with 1.2720 & 1.2740 as targets.

Comment: as long as 1.2700 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.2740

1.2720

1.2700

1.2669 Last

1.2650

1.2630

1.2610

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 02-26-2024 at 00:45 UTC+1

Price reference: 1.2669 last known on 02-26-2024 at 00:45 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 : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf

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.

More