GBPUSD holds the 1.3265 level on the downside. Bounces ...Middle East

In the kickstart video from earlier today, I highlighted the key levels in the GBPUSD. On the downside the 1.3265 was key support.Looking at the GBPUSD price action since then (see chart below), the low price for the day came in at 1.32676, just 2 pips short of the targeted support. So the buyers leaned. The price has since moved higher. The high price has reached 1.33266 nearly 60 pips from the low. What now? For traders who are bullish the GBPUSD (the BOE more hawkish/the Fed more dovish), would not want to see that 1.3265 level broken. After holding today on the dip, it increases the levels importance today and going forward.If the price is to go higher, the price needs to get above t

Hence then, the article about gbpusd holds the 1 3265 level on the downside bounces was published today ( Friday 20/09/2024 - 09:21 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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