GBPUSD fell below the support of 1.2540-60 as the market is now signalling more drop toward 1.2445 and below.
As we see over the chart and as long as the market keeps holding below the 1.2580-1.2610 resistance, more of a drop toward 1.2300 will be expected.
Above 1.2610 the market could add more rebound toward 1.2715-65.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.2445 | 1.2580-1.2610 |
LEVEL2 | 1.2300 | 1.2715-65 |
LEVEL3 | 1.2150 | 1.2860 |
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The post GBP/USD – 22.11.2024 appeared first on Orbex Forex Trading Blog.