Check Opportunity to BUY GBPUSD! Potential Breakout of Resistance
Daily GBPUSD Analysis
Interest Rate Cut by BoE May Be Postponed
The Chief Economist of the Bank of England, Huw Pill, stated yesterday that the future prospects of UK monetary policy are unlikely to change. UK PMI data underscores the strength of economic activity in the UK.
Potential Continuation of Strengthening
Prices are moving to test the resistance area. Buying opportunities can be sought if there is a breakthrough above that resistance area.
Prediction: STRONG GBPUSD
Resistance
- R1 1.24993
- R2 1.24006
- R3 1.25240
- R4 1.25739
Support
- S1 1.24006
- S2 1.24993
- S3 1.23740
- S4 1.23107
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