Forex Trading Library

GBP/USD – 03.06.2024

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The GBPUSD pair has met our predicted target of 1.2800, which could cause a correction.

As we can see on the chart, if prices keep holding below 1.2800-15, a further drop will be expected, with supports laying at 1.2640 and 1.2450.

Above 1.2815, more advance will be expected 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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