GBPUSD – 29.05.2024

GBPUSD - 29.05.2024

GBPUSD managed to meet the target of 1.2800, as we advised in the last few weeks.

As we see on the chart, should the market keep holding prices below 1.2800-15, a correction will be expected with supports at 1.2735 and 1.2640.

Above 1.2815, more advance will be likely where resistances are at 1.2890 and 1.3000.

SUPPORT RESISTANCE
LEVEL1 1.2735 1.2800-15
LEVEL2 1.2640 1.2890
LEVEL3 1.2450 1.3000

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