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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 29.4.2025

Technical Analysis
Tuesday, April 29, 2025 - 10:32
Point Trader Group
GBPUSD 29.4.2025

General Trend:

The pair broke through key resistance levels and is trading above 1.3308, supporting a bullish continuation outlook.

Expected Scenario:

Bullish Scenario:

- Holding above 1.3308 may push the pair toward 1.3400 and 1.3520.

Bearish Scenario:

- A drop below 1.3308 could signal a correction toward 1.3030 and 1.2795.

Key Levels:

Resistances: 1.3400 – 1.3520 – 1.3650  

Supports: 1.3308 – 1.3030 – 1.2795

  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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