GBPUSD Forex Analysis for Today, Friday (21-06-2024)
Opportunity to SELL GBPUSD if Support Breaks
GBPUSD Analysis
BoE Holds Interest Rates, But Decision Not Unanimous
Sterling weakened after the BoE announced to hold interest rates at 5.25 percent. However, some BoE officials mentioned that the decision was not entirely unanimous.
Monitor Support Area
Sell opportunities can be taken if there is a break below the support area.
Prediction: WEAK GBPUSD
Resistance Levels
- R1 1.27400
- R2 1.27200
- R3 1.27000
- R4 1.26800
Support Levels
- S1 1.26736
- S2 1.26326
- S3 1.26415
- S4 1.25962
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