GBPUSD forex analysis for today, Tuesday(19-03-2024)

GBPUSD forex analysis for today, Tuesday(19-03-2024)

GBPUSD Currency Pair Analysis for Today

Discover the analysis for GBPUSD currency pair for today, Tuesday(19-03-2024).

Explore for more details.

Checking Buying Opportunity for GBPUSD Now! Potential Bullish Continuation!

Daily Analysis for GBPUSD

US Bond Yields Decline

The US Dollar weakened due to the decline in US government bond yields.

Potential Bullish Continuation

There is a chance of pullback to the area of resistance becoming support before continuing its upward movement; there is potential bullish continuation on the H4 time frame. Confirmation for a buy signal can be sought as long as the price moves above support.


Resistance Levels

  • R1 1.27101
  • R2 1.25112
  • R3 1.27996
  • R4 1.28926

Support Levels

  • S1 1.25112
  • S2 1.27101
  • S3 1.24455
  • S4 1.23695

Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. XM broker south africa is not responsible for any losses that may arise from the use of this analysis.

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