Forex Trading Library

GBP/USD – 02.07.2024

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As projected yesterday and as we see on our previous chart, the GBPUSD pair still shows a chance for a rebound toward 1.2740-60, should the market hold above the 1.2610-25 support.
Below 1.2610, more of a drop will be expected towards 1.2450.
Above 1.2770, prices 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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