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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
