GBP/USD Intraday: bullish bias above 1.2690
Dec 5, 2024 10:26 AM
long positions above 1.2690 with targets at 1.2745 & 1.2765 in extension.
Pivot: 1.2690
Our preference:
long positions above 1.2690 with targets at 1.2745 & 1.2765 in extension.
Alternative scenario:
below 1.2690 look for further downside with 1.2660 & 1.2635 as targets.
Comment:
the break above 1.2690 is a positive signal that has opened a path to 1.2745.
Supports and resistances:
1.2790
1.2765
1.2745
1.2722 Last
1.2690
1.2660
1.2635
Our preference:
long positions above 1.2690 with targets at 1.2745 & 1.2765 in extension.
Alternative scenario:
below 1.2690 look for further downside with 1.2660 & 1.2635 as targets.
Comment:
the break above 1.2690 is a positive signal that has opened a path to 1.2745.
Supports and resistances:
1.2790
1.2765
1.2745
1.2722 Last
1.2690
1.2660
1.2635
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