GBPUSD Forex Analysis for Today, Tuesday (28-11-2023)

GBPUSD Forex Analysis for Today, Tuesday (28-11-2023)

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Rally Continues for GBPUSD

Analysis for GBPUSD – The GBPUSD pair continues to exhibit its upward momentum amid sterling strength.

Today’s Trading Strategy:

Opportunity to BUY GBPUSD if it breaks above the range of 1.26581 – 1.26740, with the potential to rise towards the range of 1.27116 – 1.27347.

Alternatively:

A breach of the support area between 1.25969 – 1.25797 may push GBPUSD down towards the range of 1.25276 – 1.25212.

Resistance Levels:

  • R1: 1.26740
  • R2: 1.27347
  • R3: 1.27555

Support Levels:

  • S1: 1.25797
  • S2: 1.25212
  • S3: 1.24415
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