GBPUSD Forex Analysis for Today, Tuesday(30-01-2024)
Source: https://onlineforexafrica.com
GBPUSD Approaching Resistance, SELL Opportunities Can Be Sought
Daily Analysis GBPUSD
Dollar Corrected at the End of Session
Correction occurred in the dollar index as treasury yields fell. The market is still awaiting the Fed’s interest rate decision this week.
Approaching Resistance Area, Down Channel Starts to Appear
Prices are approaching the resistance area and a down channel is starting to appear on the H1 timeframe.
Prediction: WEAK GBPUSD
Resistance
- R1 1.27600
- R2 1.27270
- R3 1.27710
- R4 1.27765
Support
- S1 1.27270
- S2 1.27600
- S3 1.27050
- S4 1.26720
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