GBP/USD Mid-Day Outlook: Assessing Upside Momentum and Key Resistance Levels
Friday, 12 July 2024, 13:10
GBP/USD Mid-Day Outlook
The intraday bias for GBP/USD suggests upward movement, with a focus on surpassing key resistance levels.
Key Points:
- A decisive break above 1.2959 could lead to accelerated growth towards the 1.3141 resistance
- Further potential up to the 1.3173 mark
- Conversely, breaching the 1.2845 support turned resistance may temporarily neutralize the intraday bias
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.