GBPUSD Currency Pair Analysis for Today
Discover the analysis for GBPUSD currency pair for today, Tuesday(19-03-2024).
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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.
Prediction: STRONG GBPUSD
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
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