GBP/USD – 08.11.2024

GBP/USD – 08.11.2024

GBPUSD managed to sustain trades above the support of 1.2800-20 and hit the target of 1.3020-40, which in turn pushed for another swing toward 1.2835.

Above 1.3040 more advance toward 1.3150-75 will be expected.

Below 1.2800 more of a drop toward 1.2680 is likely.

SUPPORT RESISTANCE
LEVEL1 1.2800-20 1.3040
LEVEL2 1.2680 1.3175
LEVEL3 1.2550 1.3260

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