Hello dear friends! Today, GBPUSD has achieved a significant recovery level, trading around the 1.257 mark and increasing by 0.12% in the day.
After the recent decline, this currency pair is receiving good support from the 1.254 level. 1.2600 is considered the first resistance level. Closing above this level for 4 hours could attract technical buyers and create opportunities for an extended recovery towards the 1.263 level.
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