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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 21.3.2024

Technical Analysis
Thursday, March 21, 2024 - 12:29
Point Trader Group
GBPUSD 21.3.2024

General trend: conditional movements.
Expected scenario:
The pair is trading at the highest strong support level around 1.2740, which enhances the chances of rising to 1.2800.
Alternative scenario:
Closing below 1.2740 may push the pair further down, reaching 1.2700 – 1.2680.
The most important levels
resistance:
1.2800 – 1.2823
support:
1.2740 – 1.2700

  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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