Forex Trading Library

GBP/USD – 15.07.2024

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The GBPUSD pair managed to sustain an advance as previously predicted and last week broke above the 1.2890 resistance.

As we see on the chart, the market is facing the first Intraday support around 1.2900 where as long as it holds above, more advance could hit the market with resistances at 1.3140 and 1.3300.

Below 1.2900 more of a drop could hit the market with the second support at 1.2730.

SUPPORT RESISTANCE
LEVEL1 1.2900 1.3000
LEVEL2 1.2730 1.3140
LEVEL3 1.2610-25 1.3300

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