Forex Trading Library

GBP/USD –04.02.2025

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GBPUSD also managed to cover the gap price while the market still holds below the downtrend resistance zone as we see over the chart.
As long as the market remains below 1.2470, another drop swing toward 1.2160 could hit the market.
Above 1.2470 more advance toward the 1.2575-1.2610 resistance zone will be expected.
Above 1.2610 more advance toward 1.2810 could hit the market.

SUPPORT RESISTANCE
LEVEL1 1.2375 1.2470
LEVEL2 1.2250 1.2575-1.2610
LEVEL3 1.2085 1.2810

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