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GBP/USD Intraday: under pressure below 1.3267

Sep 19, 2024 2:19 PM
under pressure below 1.3267.
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Our pivot point is at 1.3267.
Our preference:
under pressure below 1.3267.
Alternative scenario:
the upside breakout of 1.3267, would call for 1.3300 and 1.3320.
Comment:
the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.3253 and 1.3225).
Supports and resistances:
1.3320 **
1.3300 *
1.3267 **
1.3254
1.3224 last
1.3184
1.3165 **
1.3145 *
1.3126 **
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.

Related Instruments

GBP/USD
1.32798
-0.00038
-0.03%