GBPUSD Rally Continues

GBPUSD Analysis – The weakening of the US dollar still impacts GBPUSD, and the current price is moving upwards, testing the resistance area.

Today’s Trading Strategy:

• BUY in the Range of 1.26802 – 1.26456
• Target: 1.27229 – 1.27920
• Alternative:
• SELL STOP @1.26456
• Target: 1.26111 – 1.25619

Resistance Levels

• R1 1.26456
• R2 1.26111
• R3 1.25619

Support Levels

• S1 1.26802
• S2 1.26456
• S3 1.27229
• S4 1.27920

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