GBP/USD Intraday: rebound in sight.

GBP/USD (GBP/USD)
-0.00666-0.49%
long positions above 1.3520 with targets at 1.3565 & 1.3610 in extension.
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Pivot: 1.3520

Our preference: long positions above 1.3520 with targets at 1.3565 & 1.3610 in extension.

Alternative scenario: below 1.3520 look for further downside with 1.3500 & 1.3470 as targets.

Comment: a support base at 1.3520 has formed and has allowed for a temporary stabilisation.

Supports and resistances:
1.3630
1.3610
1.3565
1.3544 Last
1.3520
1.3500
1.3470

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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