GBPUSD at Resistance Zone, Potential Downtrend
GBPUSD Analysis – The strengthening of the US dollar is putting pressure on the movement of GBPUSD, with the current price moving in the resistance area.
Today’s Trading Strategy:
- SELL in the Range of 1.26314 – 1.26491
- Target: 1.26029 – 1.26000
- Alternative:
- BUYSTOP @1.26491
- Target: 1.26633 – 1.26776
Resistance Levels
- R1 1.26491
- R2 1.26633
- R3 1.26776
Support Levels
- S1 1.26314
- S2 1.26491
- S3 1.26029
- S4 1.26000
For more information, visit onlineforexafrica.com
forex analysis | gbpjpy forecast | eur chf forecast | gbp usd forecast | best forex prediction site | top down analysis forex | gbp usd forecast | xau usd forecast