GBPUSD Analysis: Anticipated Decline from Key Selling Zones
On the H4 timeframe, GBPUSD is currently approaching identified selling zones, specifically Zone 1 at 1.2614 and Zone 2 at 1.2660. Anticipation is for a downward price movement initiating from either of these zones.
Projected price targets include:
Target Price 1 at 1.2447, expected to be reached within the forthcoming week.
Target Price 2 at 1.2301.
We will continue to monitor and update the chart dynamically as price action evolves.
Projected price targets include:
Target Price 1 at 1.2447, expected to be reached within the forthcoming week.
Target Price 2 at 1.2301.
We will continue to monitor and update the chart dynamically as price action evolves.
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