GBP/USD Intraday: the upside prevails.

Limited Increase
u
1675392886756
GBPUSD+0%
2025-01-22 00:50Source:TC

Pivot: 1.2275

Our preference: long positions above 1.2275 with targets at 1.2380 & 1.2410 in extension.

Alternative scenario: below 1.2275 look for further downside with 1.2255 & 1.2230 as targets.

Comment: the RSI is above its neutrality area at 50%.

Supports and resistances:

1.2440

1.2410

1.2380

1.2324 Last

1.2275

1.2255

1.2230

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 01-22-2025 at 00:50 UTC+1

Price reference: 1.2324 last known on 01-22-2025 at 00:50 UTC+1

Investment horizon: INTRADAY

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