GBPUSD Forex Analysis for Today, Thursday (27-06-2024)
GBPUSD Still Under Pressure, Look for SELL Opportunities
GBPUSD Analysis
USD and US Bonds Remain Strong
The USD and US bond yields continue to strengthen, weighing down its counterpart currencies including the pound sterling.
Monitor Resistance Area
Prices are still seen moving under pressure. SELL opportunities can be taken if there is a confirmed bearish signal when a pullback to the resistance area occurs.
Prediction: WEAK GBPUSD
Resistance
- R1 1.27000
- R2 1.26800
- R3 1.26751
- R4 1.26600
Support
- S1 1.26751
- S2 1.26344
- S3 1.26190
- S4 1.26018
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. XM broker south africa is not responsible for any losses that may arise from the use of this analysis.