GBPUSD Analysis 11-November-2024
The parity continues to be under pressure. As long as the 1.30 and 1.31 levels are not broken, we expect the outlook to remain weak and the uptrends to end as a selling opportunity. Below, the 1.2860 region should be monitored as critical support. If this region is broken, 1.28 can be targeted.
Resistance | 1.2930 | 1.3000 | 1.3100 |
Support | 1.2860 | 1.2800 | 1.2870 |