GBPUSD Analysis for Today – Tuesday (12-12-2023)
GBPUSD Under Bearish Pressure
GBPUSD Analysis – The renewed strength of the US dollar is once again pressuring the movement of GBPUSD. The current price is within the Fibonacci area.
Today’s Trading Strategy:
- SELL in the Range of 1.25444 – 1.25709
- Target: 1.25280 – 1.25015
- Alternative:
- BUY STOP @1.25709
- Target: 1.25898 – 1.26139
Resistance Levels
- R1 1.25709
- R2 1.25898
- R3 1.26139
Support Levels
- S1 1.25444
- S2 1.25709
- S3 1.25280
- S4 1.25015
