Forex Trading Library

GBP/USD – 03.12.2024

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GBPUSD managed to advance above 1.2610 and sustained advances towards the 1.2715-65 zone.

As we see over the chart, prices face a 1.2770 resistance. If prices remain below it, then another drop toward 1.2610 will be expected.

Above 1.2770 the market could keep advancing toward 1.2990.

The market managed yesterday to hit a 1.2617 low.

 

SUPPORT RESISTANCE
LEVEL1 1.2570-80 1.2770
LEVEL2 1.2480 1.2880
LEVEL3 1.2300 1.2990

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