GBP/USD Intraday: key resistance at 1.2700.

Limited Decrease
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:




1.2669 Last




Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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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

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