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10.11.202320:14 विदेशी मुद्रा विश्लेषण और समीक्षा: November 10, 2023 : GBP/USD Intraday technical analysis and significant key-levels.

Exchange Rates 10.11.2023 analysis

The GBP/USD pair faced a strong resistance near 1.3200 and started a fresh downtrend.

It broke the 1.2800 then 1.2600 support levels on a H4 candlestick and extended its decline towards 1.2500 where the pair showed some indecision in a tight range before resuming its bearish trend.

The next target for the bears was located around 1.2150, where another zone of indecision has been established.

A break below this level could open the doors for more losses towards 1.1850. However, significant bullish recovery has been expressed upon the first visit that occurred one week ag.

On the other hand, any bullish recovery towards 1.2600 should be seen as another chance to sell.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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