Forex Trading Library

GBP/USD – 31.05.2024

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As we mentioned a few days ago and as we see on our previous chart, the GBPUSD pair met the target of 1.2800.
If the market keeps holding prices below 1.2800-15, then a correction will be expected with supports laying at 1.2640  and 1.2450.
Above 1.2815, more of an advance will be likely with resistances 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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