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GBPUSD Potentially BUY
GBPUSD
, 240Long
GBPUSD: GBPUSD Potentially BUY

For GBP/USD on 18 June 2024, the price action analysis based on support and resistance levels is as follows: - Resistance Levels: The initial resistance lies at 1.2760. If the price moves beyond this point, the next resistance levels are at 1.2800 and 1.2850. - Support Levels: On the downside, support levels are situated at 1.2710, 1.2680, and 1.2650. The...

GBPUSD Potentialy SELL until support level 1.2707
GBPUSD
, 240Short
GBPUSD: GBPUSD Potentialy SELL until support level 1.2707

Sell Recommendation for GBP/USD to Support Level 1.2705 1. Price Action Analysis: - Candlestick Patterns: - Bearish Engulfing: Indicates a bearish reversal after an uptrend. - Pin Bar (Shooting Star): Shows rejection of higher prices, indicating potential downside. - Resistance Level: If the price approaches resistance and shows signs of reversal,...

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