GBPUSD Forex Analysis for Today, Wednesday (13-12-2023)
onlineforexafrica.comGBPUSD Consolidation, Watch for Breakout
Analysis of GBPUSD – The strengthening of the US dollar has momentarily pressured GBPUSD movements, yet it has not successfully breached the support level.
Today’s Trading Strategy:
- SELL STOP @1.25000
- Target: 1.24600 – 1.24445
Alternative Strategy:
- BUY STOP @1.26150
- Target: 1.26400 – 1.26650
Resistance Levels
- R1: 1.26150
- R2: 1.26400
- R3: 1.26650
Support Levels
- S1: 1.25000
- S2: 1.24600
- S3: 1.24445
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