GBP/USD Intraday: further upside.

Jul 11, 2024 01:55
GBP/USD (GBP/USD)
-0.00077-0.06%
long positions above 1.2825 with targets at 1.2865 & 1.2885 in extension.
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Pivot: 1.2825

Our preference: long positions above 1.2825 with targets at 1.2865 & 1.2885 in extension.

Alternative scenario: below 1.2825 look for further downside with 1.2805 & 1.2790 as targets.

Comment: the break above 1.2825 is a positive signal that has opened a path to 1.2865.

Supports and resistances:
1.2900
1.2885
1.2865
1.2850 Last
1.2825
1.2805
1.2790

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.
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