GBPUSD 9-1-2024

Technical Analysis

By Shady Fouad On Jan 9, 2024

GBPUSD 9-1-2024.

Prices are trading within a range between the support and resistance zones of 1.2615/1.2800. It is likely that the resistance zone mentioned earlier will be tested. However, in the event of breaking the minor support zone at 1.2700, we may target 1.2615.

Support	1.2700	1.2615	1.2550
Resistance	1.2800	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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