GBP/USD Analysis: Possibility of Breaking Above 1.2860 Levels
Tuesday, 9 July 2024, 08:34
GBP/USD Analysis
The forecast by UOB Group indicates a potential breakout above the 1.2860 resistance level for the Pound Sterling against the US Dollar.
Key Points:
- Bullish Trend: The analysis suggests a bullish trend for GBP/USD.
- Sideways Range: Projected trading range of 1.2780 to 1.2840.
- Monitoring Advised: Traders and investors should monitor the pair for a breakout above 1.2860.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.