GBPUSD Slumps Below Support: Key Levels to Watch

BY admin admin

GBPUSD has continued its downward trajectory, breaking below the key support level of 1.2596 and reaching a low of 1.2518. Let’s break down the technical analysis to understand where the pair might head next. Support Levels and Potential Downturn Resistance Levels and Potential Rebound Overall Sentiment GBPUSD’s breach of the 1.2596 support level suggests a … <a href="https://www.forexcycle.com/short-term-forex-analysis/137717-gbpusd-slumps-below-support-key-levels-to-watch.html">Continue reading<span> "GBPUSD Slumps Below Support: Key Levels to Watch"</span></a>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

US Dollar Outlook vs SGD, IDR, MYR Hinges on Foreign Exchange Reserves

The US Dollar stabilized versus the Singapore Dollar, Indonesian Rupiah and Malaysian Ringgit as central banks spent foreign exchange reserves amid the virus. Why is this important?

Forex

Across Connecticut, buyers are paying record prices for luxury homes

<p>As papers were finalized this summer on the record purchase of the waterfront Copper Beech Farm estate in Greenwich, sales of high end homes were also surging in other Connecticut towns, incl

Forex

Singapore's central bank leaves monetary policy unchanged for a third straight time

<p>Monetary Authority of Singapore policy statement:</p><ul><li> Will maintain the prevailing rate of appreciation of the S$NEER policy band</li><li>There will be n

Copyright © 2024 | WordPress Theme: Xews Lite