GBPUSD Forex Analysis - Trend Continuation Above 1.2679 Weekly Support

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD weekly, daily, and 4-hour charts.
ACY Securities | 744 days ago
Stocktwits

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD weekly, daily, and 4-hour charts.

Price has broken above the 1.2679 weekly resistance area.

1.2699-73 the 4 hour/weekly support area and 79% fib retracement level.

Watching for price to decline and hold at this intraday support area for a further advance targeting the 1.2854 weekly resistance level.

GBPUSD weekly chart on ACY MT4

GBPUSD daily chart on ACY MT4

GBPUSD 4-hour chart on ACY MT4

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.

Regulation: ASIC (Australia), FSCA (South Africa)
Tags: Analysis GBPUSD
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