GBPUSD Forex Analysis for Today, Friday(05-01-2024)
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GBPUSD Getting Ready for a Sell! Dark Cloud Pattern Detected
GBPUSD Analysis – GBPUSD is once again being held back by the resistance area, followed by the appearance of a dark cloud cover pattern. Selling opportunity is open.
Today’s Trading Strategy:
- SELL at the range of 1.27000-1.27400
- Target: 1.26600-1.26400
Alternative:
- BUY STOP @1.27600
- Target: 1.27800-1.28000
Resistance Levels:
- R1 1.27600
- R2 1.27800
- R3 1.28000
Support Levels:
- S1 1.27000
- S2 1.27400
- S3 1.26600
- S4 1.26400
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