Hong Kong
2024-12-24 14:39
IndustryGBP/USD: Range-Bound Movement
GBP/USD is consolidating near the lower end of its previous 1.25–1.28 range.
Key Support Levels: 1.2500 and 1.2450.
Key Resistance Levels: 1.2650 and 1.2800.
A strong support near 1.2500 could enable the pair to rise towards 1.2650 within the 1.25–1.28 range. However, a break below 1.2500–1.2450 might trigger a bearish move.
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GBP/USD: Range-Bound Movement
Hong Kong | 2024-12-24 14:39
GBP/USD is consolidating near the lower end of its previous 1.25–1.28 range.
Key Support Levels: 1.2500 and 1.2450.
Key Resistance Levels: 1.2650 and 1.2800.
A strong support near 1.2500 could enable the pair to rise towards 1.2650 within the 1.25–1.28 range. However, a break below 1.2500–1.2450 might trigger a bearish move.
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