GBP/USD Intraday: caution.
GBP/USD (GBP/USD)
-0.00219-0.17%
short positions below 1.3170 with targets at 1.3100 & 1.3075 in extension.
Pivot: 1.3170
Our preference: short positions below 1.3170 with targets at 1.3100 & 1.3075 in extension.
Alternative scenario: above 1.3170 look for further upside with 1.3190 & 1.3210 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3210
1.3190
1.3170
1.3123 Last
1.3100
1.3075
1.3050
Our preference: short positions below 1.3170 with targets at 1.3100 & 1.3075 in extension.
Alternative scenario: above 1.3170 look for further upside with 1.3190 & 1.3210 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3210
1.3190
1.3170
1.3123 Last
1.3100
1.3075
1.3050
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
