GBPUSD Showing Bullish Trend, Focus on Support Area

GBPUSD Analysis – Weakness in the US dollar supports the movement of GBPUSD, the current price is undergoing correction. Pay attention to the support area to identify buying opportunities today.

Today’s Trading Strategy:

• BUY in the Range of 1.27104 – 1.26949
• Target: 1.27297 – 1.27608
• Alternative:
• SELL STOP @1.26949
• Target: 1.26793 – 1.26571

Resistance Levels:

• R1 1.26949
• R2 1.26793
• R3 1.26571

Support Levels:

• S1 1.27104
• S2 1.26949
• S3 1.27297
• S4 1.27608

Please note: This information is provided for analysis purposes. Make informed decisions based on your own research and risk assessment.

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