Forex Trading Library

GBP/USD – 01.07.2024

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GBPUSD still shows chances for a rebound correction toward 1.2740-60 if prices keep holding above the 1.2610-25 support.

Below 1.2610, more of a drop will be expected, with the target towards 1.2450.

Above 1.2770, the market could add more advance with the second resistance around 1.2860.

LEVEL1 1.2610-25 1.2740-60
LEVEL2 1.2450 1.2860
LEVEL3 1.2330 1.3000

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