GBP/USD Intraday: 1.3193 in sight
GBP/USD (GBP/USD)
+0.00100+0.08%
The downside prevails as long as 1.3260 is resistance, with 1.3193 and 1.3177 as targets
Our pivot point is at 1.3260.
Our preference: The downside prevails as long as 1.3260 is resistance, with 1.3193 and 1.3177 as targets
Alternative scenario: above 1.3260, look for 1.3286 and 1.3301.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 1.3244 and 1.3262).
Supports and resistances:
1.3301 **
1.3286 *
1.3260 **
1.3219 last
1.3193
1.3177 **
1.3162 *
Our preference: The downside prevails as long as 1.3260 is resistance, with 1.3193 and 1.3177 as targets
Alternative scenario: above 1.3260, look for 1.3286 and 1.3301.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 1.3244 and 1.3262).
Supports and resistances:
1.3301 **
1.3286 *
1.3260 **
1.3219 last
1.3193
1.3177 **
1.3162 *
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