Forex Trading Library

GBP/USD – 31.10.2024

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GBPUSD printed above 1.3015 which could be the first sign of further advance.

As we see on the chart, the market is facing support around 1.2900. If prices remain above it a rebound movement toward 1.3150-75 will be expected.

Below 1.2900 more of a drop toward 1.2800-20 will be expected.

SUPPORT RESISTANCE
LEVEL1 1.2900 1.3070
LEVEL2 1.2800-20 1.3175
LEVEL3 1.2680 1.3260

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