GBPUSD Forex Analysis for Today, Tuesday(02-04-2024)
Be Ready to Check the Opportunity to Buy GBPUSD! Prices Potentially Testing the Support Area
Daily Analysis GBPUSD
Strength of the US Dollar
The US Dollar gained momentum after the release of the ISM Manufacturing data, which showed an increase. This indicates that economic activity in the manufacturing sector is very good.
Testing the Support Area
The movement of GBPUSD currently has the potential to test the support area. Look for confirmation signals to buy as long as the price does not break the nearest support.
Prediction: STRONG GBPUSD
Resistance
- R1 1.25339
- R2 1.24711
- R3 1.25675
- R4 1.26013
Support
- S1 1.24711
- S2 1.25339
- S3 1.24396
- S4 1.24066

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