GBPUSD Forex Analysis for Today, Monday(15-04-2024)

GBPUSD Forex Analysis for Today, Monday(15-04-2024)

GBPUSD Forex Analysis for Today, Monday(15-04-2024)

Check Sell Opportunities GBPUSD, Price Moving Bearish Continuation

Daily Analysis GBPUSD

Strength of Dollar Index

The US Dollar (USD) is driven higher due to geopolitical tensions, and also the decline in European bonds, with yields plummeting against the highly stable US bonds, further strengthening the Dollar index.

Potential for Price Continuing Decline

The current movement of GBPUSD is potentially pulling back to the resistance area before continuing its decline. Confirmation of sell signals can be sought as long as prices do not break resistance.

Prediction: WEAK GBPUSD


  • R1 1.25914
  • R2 1.25220
  • R3 1.26369
  • R4 1.26932


  • S1 1.25220
  • S2 1.25914
  • S3 1.24841
  • S4 1.24462

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.

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