GBPUSD Forex Analysis for Today, Wednesday (27-12-2023)
https://onlineforexafrica.comBullish Sentiment Surrounding GBPUSD, Look for Buying Signals
Analysis of GBPUSD – Weakness in the US dollar supports the rise of GBPUSD. From the H1 timeframe chart, GBPUSD has the potential for a correction before moving upwards.
Today’s Trading Strategy:
- BUY in the Range 1.27118 – 1.26769
- Target: 1.27430 – 1.27600
- Alternatives:
- SELL STOP @1.26769
- Target: 1.26613 – 1.26391
Resistance Levels
- R1 1.26769
- R2 1.26613
- R3 1.26391
Support Levels
- S1 1.27118
- S2 1.26769
- S3 1.27430
- S4 1.27600
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