GBPUSD Forex Analysis for Today, Thursday(18-04-2024)
Find Selling Opportunities in GBPUSD Now, Prices Held at Resistance
Daily Analysis of GBPUSD
UK Inflation Slows Down
UK inflation continues to slow down, and the release of March inflation data is not as strong as expected. The inflation rate has fallen to its lowest level since September 2021.
Prices Moving Under Pressure
Prices are still under bearish pressure, testing the resistance area. Confirmation of a selling signal can be sought if there is a pullback to the nearest resistance area.
Prediction: WEAK GBPUSD
Resistance
- R1 1.25145
- R2 1.24700
- R3 1.25434
- R4 1.25744
Support
- S1 1.24700
- S2 1.25145
- S3 1.24467
- S4 1.24252
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