GBPUSD Forex Analysis - Strong Advance Above 1.2848 Weekly Resistance

Duncan Cooper - Senior Market Strategist & Trading Mentor

2023-07-11 10:44:15

 

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD daily and 15-minute charts.

Price has closed above the 1.2848 weekly resistance level.

1.2827-24 the Central Pivot Point and intraday support level.

1.2800 - 1.2795 the Figure and 62% fib retracement level.

Watching for price to decline and hold at an intraday support level for a further advance targeting the 1.3000 weekly resistance level.

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autor

Duncan Cooper is a full-time trader and mentor and the Senior Market Strategist at ACY Securities. Trading full-time since 2009, Duncan's insights are from the battleground of real-time markets, not theory, and he thrives on educating traders to reach their financial goals.

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