GBP/USD – 18.07.2024
![GBP/USD – 18.07.2024](https://assets.iorbex.com/blog/wp-content/uploads/2024/07/18160943/GBPUSD-chart-18.07.2024-750x430.png)
GBPUSD managed to sustain an advance as predicted before and managed last week to break above the 1.2890 resistance.
As we see on the chart, the market is facing the first Intraday support around 1.2900. If prices hold above, it more advance could hit the market with resistances at 1.3140 and 1.3300.
Below 1.2900, more of a drop could hit the market with the second support laying at 1.2730 which could re-activate the advance wave again.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.2900 | 1.3140 |
LEVEL2 | 1.2730 | 1.3300 |
LEVEL3 | 1.2610 | 1.3500 |
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