GBPUSD Analysis for Today, Friday (24-11-2023)
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GBPUSD Gearing Up for Higher Rise
GBPUSD Analysis – GBPUSD continues its ascent amid favorable economic data from the UK.
Today’s Trading Strategy:
Consider BUYING GBPUSD as long as it remains above the range of 1.24614 – 1.24415, with potential upward movement towards the range of 1.25919 – 1.26412.
Alternatives:
If there’s a breakthrough below the support area of 1.24614 – 1.24415, it might push GBPUSD down towards the range of 1.23824 – 1.23696.
Resistance Levels:
- R1: 1.26412
- R2: 1.27015
- R3: 1.27555
Support Levels:
- S1: 1.24415
- S2: 1.23696
- S3: 1.22785
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