Hello Mates!
Over the past several weeks, we have observed GBPUSD continuing to move higher. The strong resistance for GBPUSD is at 1.28939. Apart from that, we have identified resistance levels at 1.28233 and 1.27980, from which the market may break.
We anticipate the market breaking either from 1.27980 or 1.28233, and subsequently descending with a target of 1.26983.
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 1.28939
- 1.28233
📉 And our support levels are set at:
- 1.27259
- 1.26983
Stay tuned for further updates and trade smartly! 📊