GBP/USD – 03.03.2025

GBP/USD – 03.03.2025

As we advised last week and as we see over our previous chart

GBPUSD managed to hit high 1.2715 last week closing from target and resistace 1.2725

As we see over the chart, market managed to hold trading zone toward 1.2520 support as long as market keep holding trades below resistance 1.2725

Above 1.2725 more advance will be expected with resistance around 1.2810

Below 1.2520 more drop to test 1.2420-30 support may hit the market which in turn my activate another advance.

 

SUPPORT RESISTANCE
LEVEL1 1.2520 1.2725
LEVEL2 1.2420-30 1.2810
LEVEL3 1.2250 1.2950

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