2024-09-26 16:41
IndustryGBP/USD: May further strengthen
On Tuesday, the rise of the GBPUSD exceeded expectations, with a surge exceeding 1.3400. The GBPUSD continued to rise in the morning session today, with a possibility of testing at 1.3450. But it is unlikely to test the next resistance level of 1.3480. The lower support levels are at 1.3400 and 1.3365.
Surprised by the easy breakthrough of the GBPUSD over 1.3400, the increased upward momentum suggests that the GBPUSD may further strengthen. The next resistance level to pay attention to is 1.3480. On the downside side, if the GBP/USD falls below the strong support level of 1.3330, it means that the strong rise in GBP/USD since the beginning of last week has come to an end.
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GBP/USD: May further strengthen
| 2024-09-26 16:41
On Tuesday, the rise of the GBPUSD exceeded expectations, with a surge exceeding 1.3400. The GBPUSD continued to rise in the morning session today, with a possibility of testing at 1.3450. But it is unlikely to test the next resistance level of 1.3480. The lower support levels are at 1.3400 and 1.3365.
Surprised by the easy breakthrough of the GBPUSD over 1.3400, the increased upward momentum suggests that the GBPUSD may further strengthen. The next resistance level to pay attention to is 1.3480. On the downside side, if the GBP/USD falls below the strong support level of 1.3330, it means that the strong rise in GBP/USD since the beginning of last week has come to an end.
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