Forex Trading Library

GBP/USD – 14.06.2024

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We continue with our previous outlook from a few weeks ago, despite the market spike above 1.2815.
As seen on the chart and if the market holds below 1.2800-15, then a further drop will be expected with supports at 1.2640 and 1.2450.
A daily close above 1.2815 could advance further with resistances at 1.2890 and 1.3000.


LEVEL1 1.2640 1.2815 (Daily Close)
LEVEL2 1.2450 1.2890
LEVEL3 1.2330 1.3000

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