Forex Trading Library

GBP/USD – 05.07.2024

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GBPUSD seems prepared for further advance at the daily close above 1.2815.

Prices are facing the first Intraday support around 1.2730. If prices hold above, more of an advance to attack the resistance of 1.2860-90 is expected as wait await the US Jobs Report.

Below 1.2730, more of a drop could hit the market with support zone 1.2610-25 which could give a chance for a rebound correction.

LEVEL1 1.2730 1.2860-90
LEVEL2 1.2610-25 1.3000
LEVEL3 1.2450 1.3140

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