GBPUSD Forex Analysis for Today, Monday (10-06-2024)

GBPUSD Forex Analysis for Today, Monday (10-06-2024)

GBPUSD Forex Analysis for Today, Monday (10-06-2024)

Opportunities to SELL GBPUSD: Monitor Resistance Area

GBPUSD Analysis

USD Strengthens Post US NFP

The stronger-than-expected US non-farm payrolls data strengthens the USD and causes GBPUSD to weaken. The Fed is again expected to delay interest rate cuts this year.

Sell in Resistance Area

GBPUSD is under pressure and consolidating below the resistance area. Selling opportunities can be taken if there is a pullback to the resistance area.


Resistance Levels

  • R1 1.28279
  • R2 1.27802
  • R3 1.28502
  • R4 1.28695

Support Levels

  • S1 1.27397
  • S2 1.28279
  • S3 1.27143
  • S4 1.26795

Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. Exness South africa is not responsible for any losses that may arise from the use of this analysis.

 forex analysis | gbpjpy forecast | eur chf forecast | gbp usd forecast | best forex prediction site | top down analysis forex | gbp usd forecast | xau usd forecast

Leave a Reply

Your email address will not be published. Required fields are marked *