GBP/USD – 26.11.2024

GBP/USD – 26.11.2024

GBPUSD managed to hit a rebound correction and managed today to test the resistance zone of 1.2580-1.2610.

As we see on the chart and as long as the market keeps holding below 1.2580-1.2610, more drop toward 1.2300 will be expected.

Above 1.2610 the market could add more rebound toward 1.2715-65.

SUPPORT RESISTANCE
LEVEL1 1.2445 1.2580-1.2610
LEVEL2 1.2300 1.2715-65
LEVEL3 1.2150 1.2860

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