GBPUSD Potential Return to 1.25763

GBPUSD Analysis – GBPUSD remains under pressure amid the strengthening of the USD. There is a potential for a pull-back before further decline.

Today’s Trading Strategy:

• SELL in the range of 1.26329-1.26678
• Target: 1.26112-1.25763
• Alternative:
• BUY STOP @1.26800
• Target: 1.26927-1.27244

Resistance Levels

• R1 1.26800
• R2 1.26927
• R3 1.27244

Support Levels

• S1 1.26329
• S2 1.26678
• S3 1.26112
• S4 1.25763

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