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GBPUSD Breaking High, Potential Upside
GBPUSD Analysis – GBPUSD showing bullish movement amid US dollar weakness
Today’s Trading Strategy:
Opportunity to BUY GBPUSD as long as it doesn’t breach below the range of 1.24697 – 1.24416, potential rise towards the range of 1.25919 – 1.26412
Alternatives:
If there’s a breakthrough below the support area of 1.24697 – 1.24416, it might push GBPUSD down towards the area of 1.23824 – 1.23696
Resistance
- R1: 1.26412
- R2: 1.27054
- R3: 1.27554
Support
- S1: 1.24416
- S2: 1.23696
- S3: 1.22785
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