• The chart shows the GBP/USD price action from early 2024 to March 2025. • The price experienced a significant uptrend from around May 2024 (near 1.26000) to a peak in September 2024 (around 1.32000). • After hitting this peak, the price entered a consolidation phase, followed by a downtrend starting in late 2024, bringing it to the current level of...
• The chart shows the GBP/USD price action from early 2024 to March 2025. • The price experienced a significant uptrend from around May 2024 (near 1.26000) to a peak in September 2024 (around 1.32000). • After hitting this peak, the price entered a consolidation phase, followed by a downtrend starting in late 2024, bringing it to the current level of...
Key Observations:🤔🪙 Price Levels and Support/Resistance Zones: The chart highlights a significant support zone around the $75,000 to $82,614 range, marked by the red shaded areas. This suggests that this range has historically acted as a strong support level where buying interest has previously emerged. • The upper resistance appears to be around $94,576,...
Key Observations:🤔🪙 Price Levels and Support/Resistance Zones: The chart highlights a significant support zone around the $75,000 to $82,614 range, marked by the red shaded areas. This suggests that this range has historically acted as a strong support level where buying interest has previously emerged. • The upper resistance appears to be around $94,576,...