Forex

GBP/USD may fall 13 - 33 pips

2024-09-18

Pivot

1.3190

Our preference

Short positions below 1.3190 with targets at 1.3150 & 1.3130 in extension.

Alternative scenario

Above 1.3190 look for further upside with 1.3210 & 1.3230 as targets.

Comment

A break below 1.3150 would trigger a drop towards 1.3130.

Supports and resistances

1.3230

1.3210

1.3190

1.3163 Last

1.3150

1.3130

1.3110

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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