GBP/USD – 18.12.2024

GBP/USD – 18.12.2024

GBPUSD is still holding above the support zone of 1.2570-80, while the indicators are still showing an advance ongoing toward 1.2810 and above.

Intraday levels show the first support around 1.2665, where as long as the market holds above it, the advance mode will continue.

Below 1.2570 more of a drop will be expected with supports at 1.2480 and 1.2300.

SUPPORT RESISTANCE
LEVEL1 1.2570-80 1.2720
LEVEL2 1.2480 1.2810
LEVEL3 1.2300 1.2925

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