GBPUSD Forex Analysis for Today – Thursday(14-03-2024)
Still Can Find SELL GBPUSD! Resistance Holds!
Daily Analysis GBPUSD
UK Economic Growth Shrinks in Q1
According to data from the UK’s Office for National Statistics, the UK economy shrank in the first quarter of 2024. UK GDP is also estimated to have fallen by 0.3 percent in January 2024.
Held at Resistance
Pullback is still held at the resistance area after a breakout below the up trendline. Sell signal confirmation can be sought in the resistance area.
Prediction: WEAK GBPUSD
Resistance
- R1 1.28333
- R2 1.27924
- R3 1.28567
- R4 1.28903
Support
- S1 1.27924
- S2 1.28333
- S3 1.27784
- S4 1.27338
Disclaimer: This publication of analysis is a form of marketing communication and does not represent any research or investment advice whatsoever. The content contained therein reflects the general views of our experts and is not related to the personal conditions, investment experiences, or financial situations of the readers. This analysis is also not intended to promote any independent investment body, and Exness is not obliged to prohibit any transactions before the release of the analysis. Readers should be cautious about the potential for losses that may occur. XM broker south africa is not responsible for any losses that may arise from the use of this analysis.
forex analysis | gbpjpy forecast | eur chf forecast | gbp usd forecast | best forex prediction site | top down analysis forex | gbp usd forecast | xau usd forecast