GBP/USD Analysis –12.Nov.2024
GBP/USD Analysis: Analyzing the GBP/USD chart on the daily timeframe, we can observe that the price is experiencing a significant decline. I anticipate that this heavy drop will likely pause, at least temporarily, upon reaching the demand zone between 1.267 and 1.2735. This is a key area of interest, and I expect a potential return of 50 to 200 pips from this level. This analysis will be updated as necessary.(This Post on TradingView)
Author : Arman Shaban
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