GBPUSD Currency Pair Analysis for Today
Review the analysis for GBPUSD currency pair for today, Wednesday(20-03-2024).
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Check Buying Opportunities for GBPUSD Now! Prices Held in Support Area!
Daily Analysis for GBPUSD
US Bond Yields Decline
The US Dollar weakened due to the decline in US government bond yields.
Potential Bullish Continuation
GBPUSD Prices held in the support area and there is potential bullish continuation on the H4 time frame. Look for buy signals as long as the price doesn’t break support.
Prediction: STRONG GBPUSD
Resistance Levels
- R1 1.27116
- R2 1.26488
- R3 1.27499
- R4 1.27816
Support Levels
- S1 1.26488
- S2 1.27499
- S3 1.26112
- S4 1.25610
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