Forex Trading Library

GBP/USD – 30.05.2024

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As we monitored yesterday and seen on our previous chart, the GBPUSD pair managed to meet the target of 1.2800.

As we can see on the chart, if the market keeps holding prices below 1.2800-15, a correction is expected with support at 1.2735 and 1.2640.

Above 1.2815, more advance will be expected where resistances lay at 1.2890 and 1.3000.

SUPPORT RESISTANCE
LEVEL1 1.2640 1.2800-15
LEVEL2 1.2450 1.2890
LEVEL3 1.2330 1.3000

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