2024-09-28 18:04
IndustryGBP/USD: Slight upside potential
Views for the day:
On Thursday, the pound US dollar rose as high as 1.3434. Although the rally was relatively strong, momentum did not increase significantly. Today, there is still room for a slight rise in GBP/USD, but any rise is unlikely to exceed 1.3455. The support levels that need attention below are 1.3375 and 1.3340.
1-3 weeks perspective:
While upward momentum appears to be building again, it is not enough to signal a return to strong GBP/USD price strength. GBP/USD must break and hold above 1.3455 to look forward to further gains towards 1.3500. The possibility of a clear break above 1.3455 for GBP/USD currently looks low, but as long as it does not fall below 1.3310 in the next few days, this possibility still exists.
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GBP/USD: Slight upside potential
| 2024-09-28 18:04
Views for the day:
On Thursday, the pound US dollar rose as high as 1.3434. Although the rally was relatively strong, momentum did not increase significantly. Today, there is still room for a slight rise in GBP/USD, but any rise is unlikely to exceed 1.3455. The support levels that need attention below are 1.3375 and 1.3340.
1-3 weeks perspective:
While upward momentum appears to be building again, it is not enough to signal a return to strong GBP/USD price strength. GBP/USD must break and hold above 1.3455 to look forward to further gains towards 1.3500. The possibility of a clear break above 1.3455 for GBP/USD currently looks low, but as long as it does not fall below 1.3310 in the next few days, this possibility still exists.
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