GBP/USD Intraday: Risk escalating
GBP/USD (GBP/USD)
+0.00048+0.04%
The upside prevails as long as 1.3276 is support, with 1.3353 and 1.3373 as targets
Our pivot point is at 1.3276.
Our preference: The upside prevails as long as 1.3276 is support, with 1.3353 and 1.3373 as targets
Alternative scenario: below 1.3276, expect 1.3241 and 1.3220.
Comment: The asset price is approaching our pivot level, which represents one of the last opportunities for the asset to reverse its recent trend.
Supports and resistances:
1.3394 *
1.3373 **
1.3353
1.3283 last
1.3276 **
1.3241 *
1.3220 **
Our preference: The upside prevails as long as 1.3276 is support, with 1.3353 and 1.3373 as targets
Alternative scenario: below 1.3276, expect 1.3241 and 1.3220.
Comment: The asset price is approaching our pivot level, which represents one of the last opportunities for the asset to reverse its recent trend.
Supports and resistances:
1.3394 *
1.3373 **
1.3353
1.3283 last
1.3276 **
1.3241 *
1.3220 **
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