Hi Traders, watching price levels on the GBPUSD weekly, daily, and 15 min charts. Price broke below the 1.2647 weekly support level yesterday. 1.2600 the Figure. 1.2647 the weekly resistance level. Looking for price to rally and fail at an intraday resistance level for a further decline over the next 24 to 48 hours. Disclaimer: Trading involves risk. Register to one of Duncan’s webinars here: https://acy.com/en/education/webinars Get in touch today: Web: https://www.acy.com Twitter: https://twitter.com/ACY_Securities Facebook: https://www.facebook.com/acy.securities/ #startingforex #newbietraders #howtotradeforex ACY Securities Pty Ltd ('ACY AU') is regulated by the Australian Securities and Investments Commission (ASIC AFSL:403863). Registered address: ACY Tower, Level 18, 799 Pacific Hwy, Chatswood NSW 2067. AFSL authorised us to provide financial services to Australian Residents or Businesses. ACY Capital Australia Limited ('ACY LTD'), ACY LTD is incorporated in Vanuatu, company number 012868, and is regulated by the Vanuatu Financial Services Commission (VFSC). Registered address: Govant Building, 1276 Port-Vila, Vanuatu. ACY AU and ACY LTD provide general advice that does not consider your objectives, financial situation, or needs. With Forex, CFDs, and over-the-counter products, you have a risk of losing more than your initial investment, and you must consider if these instruments are suitable for your circumstances.
