GBPUSD Forex Analysis for Today, Thursday (27-06-2024)

GBPUSD Forex Analysis for Today, Thursday (27-06-2024)

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
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