GBPUSD (Long Movement)
Updated
Technical Analysis of GBPUSD
Stability above 1.2693 will support a bullish trend, targeting 1.2783. Breaking this resistance will lead to further bullish targets. Conversely, a reversal to stabilize below the pivot line at 1.2693 will support a decline towards 1.2627 and 1.2572.
Stability above 1.2693 will support a bullish trend, targeting 1.2783. Breaking this resistance will lead to further bullish targets. Conversely, a reversal to stabilize below the pivot line at 1.2693 will support a decline towards 1.2627 and 1.2572.
- Pivot Price:1.2700
- Support Levels: 1.2627, 1.2572, 1.2541
- Resistance Levels: 1.2780, 1.2820, 1.2898
Today's expected movement range is between 1.2693 and 1.2783.
Note
the price pushed up about +65 pip, and still running to get 1.2783 means the resistance zone
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