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GBPUSD 16.4.2024
General trend: conditional decline.
Expected scenario:
The pair is trading below a strong resistance level around 1.2500, which enhances the chances of a drop to 1.2377.
Alternative scenario:
The scenario turns bullish with a break of 1.2500, targeting 1.2600
The most important levels
resistance:
1.2500 – 1.2600
support:
1.2377 – 1.2320
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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