Bullish Momentum Persists, GBPUSD Continues its Ascent

GBPUSD Analysis – The decline in the US dollar is impacting the movement of GBPUSD, with bullish sentiment still accompanying the GBPUSD trajectory.

Today’s Trading Strategy:

• BUY in the Range of 1.26785 – 1.26643
• Target: 1.26961 – 1.27244
• Alternative:
• SELL STOP @1.26501
• Target: 1.26299 – 1.26042

Resistance

• R1 1.26501
• R2 1.26299
• R3 1.26042

Support

• S1 1.26785
• S2 1.26643
• S3 1.26961
• S4 1.27244

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