GBP/USD Intraday: rebound towards 1.2713
Nov 20, 2024 9:09 PM
rebound towards 1.2713.
Our pivot point is at 1.2617.
Our preference:
rebound towards 1.2713.
Alternative scenario:
the downside breakout of 1.2617 would call for 1.2580 and 1.2558.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.2652 and 1.2670).
Supports and resistances:
1.2757 **
1.2735 *
1.2713 **
1.2691
1.2647 last
1.2631
1.2617 **
1.2580 *
1.2558 **
Our preference:
rebound towards 1.2713.
Alternative scenario:
the downside breakout of 1.2617 would call for 1.2580 and 1.2558.
Comment:
the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.2652 and 1.2670).
Supports and resistances:
1.2757 **
1.2735 *
1.2713 **
1.2691
1.2647 last
1.2631
1.2617 **
1.2580 *
1.2558 **
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Related Instruments
GBP/USD
1.26478
0.00015
+0.01%