GBPUSD Forex Analysis for Today, Monday (26-02-2024)

GBPUSD Forex Analysis for Today, Monday (26-02-2024)

GBPUSD Forex Analysis for Today, Monday (26-02-2024)

Opportunity to BUY GBPUSD: Correction to Support Area

Daily GBPUSD Analysis

Dollar Corrects

GBPUSD was lifted on Friday as a result of the correction in the USD, as market participants took a pause and partly profited from the rally that occurred in the USD.

Correction Held at Support

Prices are still seen moving above the uptrend on the H1 time frame. Correction occurs to the support area. Note that Friday’s high did not exceed Thursday’s high, so there is a possibility of a deeper correction. Pay attention to the trendline area as well to seek buying opportunities.



  • R1: 1.26672
  • R2: 1.25969
  • R3: 1.26784
  • R4: 1.27085


  • S1: 1.25969
  • S2: 1.26672
  • S3: 1.25783
  • S4: 1.25497

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