GBP/USD Intraday: turning down.
GBP/USD (GBP/USD)
+0.00599+0.45%
short positions below 1.3395 with targets at 1.3300 & 1.3280 in extension.
Pivot: 1.3395
Our preference: short positions below 1.3395 with targets at 1.3300 & 1.3280 in extension.
Alternative scenario: above 1.3395 look for further upside with 1.3410 & 1.3445 as targets.
Comment: as long as 1.3395 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.3445 ***
1.3410 *
1.3395 ***
1.3349 Last
1.3300 ***
1.3280 **
1.3250 **
Our preference: short positions below 1.3395 with targets at 1.3300 & 1.3280 in extension.
Alternative scenario: above 1.3395 look for further upside with 1.3410 & 1.3445 as targets.
Comment: as long as 1.3395 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.3445 ***
1.3410 *
1.3395 ***
1.3349 Last
1.3300 ***
1.3280 **
1.3250 **
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.
