GBP/USD – 06.12.2024

GBP/USD – 06.12.2024

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

The market is now testing the resistance level 1.2770.

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

Above 1.2770 the market could advance toward 1.2990.

SUPPORT RESISTANCE
LEVEL1 1.2715 1.2770
LEVEL2 1.2570-80 1.2880
LEVEL3 1.2480 1.2990

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