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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 9.7.2024

Technical Analysis

Tuesday, July 09, 2024 - 12:28

Point Trader Group

GBPUSD 9.7.2024

General trend: down.
Expected scenario:
The pair is trading below 1.2820, which enhances the chances of a drop to 1.2770
Alternative scenario:
The scenario turns to the upside with a break of 1.2820, targeting 1.2850 – 1.2870.
The most important levels
resistance:
1.2850 – 1.2870
support:
1.2770 – 1.2730

*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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