GBPUSD Forex Analysis – Thursday(08-02-2024)

GBPUSD Forex Analysis – Thursday(08-02-2024)

GBPUSD Forex Analysis for Today – Thursday (08-02-2024)

Consider SELLing GBPUSD if It Breaks Through

Daily Analysis GBPUSD

USD Moves Sideways, Market Awaits Latest Economic Data

The dollar index is moving sideways. Statements from Fed officials, considered less dovish, have market participants waiting for the most recent economic data. The market is also keeping an eye on the deflation threat in China.

GBPUSD Sideways, Look for SELL Opportunities

A break below the support will increase the chances of selling.

Prediction: WEAK GBPUSD


  • R1 1.26689
  • R2 1.25934
  • R3 1.26907
  • R4 1.27347


  • S1 1.25934
  • S2 1.26689
  • S3 1.25669
  • S4 1.26689

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