Hello dear friends! Today, GBPUSD has achieved a significant recovery level, trading around the 1.257 mark and increasing by 0.12% in the day.
After the recent decline, this currency pair is receiving good support from the 1.254 level. 1.2600 is considered the first resistance level. Closing above this level for 4 hours could attract technical buyers and create opportunities for an extended recovery towards the 1.263 level.
After the recent decline, this currency pair is receiving good support from the 1.254 level. 1.2600 is considered the first resistance level. Closing above this level for 4 hours could attract technical buyers and create opportunities for an extended recovery towards the 1.263 level.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.