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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

GBPUSD 16.7.2024

Technical Analysis
Tuesday, July 16, 2024 - 11:33
Point Trader Group
GBPUSD 16.7.2024

General trend: up. 
Expected scenario:
The pair is trading above $1.2948, which enhances the chances of rising to $1.2992.
Alternative scenario:
The scenario turns bearish with a break of 1.2948, targeting 1.2900
The most important levels
resistance:
1.2992 – 1.3031
support:
1.2948 – 1.2900

*Risk Disclaimer: 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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