GBPUSD Forex Analysis for Today – Monday(02-10-2023)
Website: www.forexeducation.forexsahara.com
Decline in GBPUSD Stalls at Support, Potential Rebound
Analysis of GBPUSD – The strengthening of the US dollar is influencing the movement of GBPUSD. GBPUSD has once again fallen, testing the support area of 1.21893 – 1.21710
Today’s Trading Strategy:
There is a potential to BUY GBPUSD today as long as it does not break below the 1.21893 – 1.21710 area, with the potential for an increase to the range of 1.22585 – 1.22749
Alternatives:
If there is a breakthrough of the support area at 1.21893 – 1.21710, it may potentially push GBPUSD down to the range of 1.21253 – 1.21040
Resistance Levels:
- R1: 1.22749
- R2: 1.23388
- R3: 1.24277
Support Levels:
- S1: 1.21710
- S2: 1.21040
- S3: 1.20774
forex analysis | gbpjpy forecast | eur chf forecast | gbp usd forecast | best forex prediction site | top down analysis forex | gbp usd forecast | xau usd forecast