GBPUSD 20.8.2024

Technical Analysis
Tuesday, August 20, 2024 - 11:44
Point Trader Group

General trend: down. 
Expected scenario:
We are waiting for the pair to reach the 1.3030 – 1.3050 area, and if a negative signal appears, we may sell to target $1.2900.
Alternative scenario:
The scenario turns bullish with a break of $1.3100, targeting $1.3200 - $1.3250.
The most important levels
resistance:
1.3030 – 1.3050
support:
1.2900 – 1.2880

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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