Forex Trading Library

GBP/USD –25.04.2025

Technical Analysis
By Rami Abu-Draa
GBP/USD –25.04.2025
0 20

We still holding our previous outlook for the GBPUSD

Market managed to hit low around 1.3233 this week while market still holding above support zone 1.3200-20

this trading zone may control market between support 1.3200-20 and resistance 1.3435

Above 1.3435 more advance toward 1.3635-45 will be expected

Below 1.3200 more drop toward 1.3030 will be expected

SUPPORT RESISTANCE
LEVEL1 1.3200-20 1.3340
LEVEL2 1.3030 1.3435
LEVEL3 1.2910 1.3635-45
Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

You might also like More from author
Leave A Reply

Your email address will not be published.