GBPUSD Forex Analysis for Today, Monday (29-01-2024)
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Consistently Sideways! Opportunity to Bounce GBPUSD
Daily Analysis GBPUSD
Dollar Stable, Plenty of Important Data This Week
The US dollar starts this week fairly stable. Market participants await plenty of important economic data this week, including the Fed’s interest rate decision and US Non-farm Payrolls.
Price Moving in Channel Area
GBPUSD is moving within an up channel, currently observed in the lower channel area. Watch the support for confirmation of buy signals.
Prediction: STRONG GBPUSD
Trade Plan:
Resistance
- R1 1.26850
- R2 1.26450
- R3 1.27000
- R4 1.27250S
Support
- S1 1.26450
- S2 1.26850
- S3 1.26250
- S4 1.26000
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