GBP/USD Analysis – 02.Jul.2024
GBP/USD Analysis: By analyzing the GBP/USD chart, we observe that after gathering dynamic liquidity in the 1.26650 to 1.27 range, the price faced selling pressure and corrected to 1.2615. As you can see, this area is an important demand zone, and the price responded positively to this level. Currently, GBP/USD is trading around 1.2672. If the price stabilizes above 1.26400, we can expect further growth. The targets are the liquidity pools identified on the chart (LP).
(This Post on TradingView)
Author : Arman Shaban
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