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GBPUSD ticks above swing area. Can it stay above as we head toward a new trading day?

GBPUSD ticks above swing area. Can it stay above as we head toward a new trading day?
The GBPUSD has successfully risen above last week's high of 1.24736. This recent peak aligns with a notable swing area dating back to April 12th (as indicated by the red numbered circles). In today's trading session, the currency pair surpassed the swing area, fluctuating between 1.2471 and 1.24763, and eventually reaching a high of 1.24849. The current trading price stands at 1.2480.For traders anticipating further upward momentum, maintaining support at the 1.24715 level is crucial. This will... Read More
Posted: Apr 24 2023, 19:44
Author Name: forexlive
Views: 102261

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