GBPUSD 29-1-2024

Technical Analysis

By Shady Fouad On Jan 29, 2024

GBPUSD 29-1-2024.

Prices are trading in a sideways range between the support and resistance zones at 1.2615 and 1.2800, respectively. It is likely that prices will decline, and if the crucial support zone at 1.2615 is broken to the downside, we may target 1.2530.

Support	1.2690	1.2615	1.2615
Resistance	1.2750	1.2750	1.2830

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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