Key Levels: - Support at 1.2435 (1-hourly chart) - Resistance at 1.2534 (1-hourly chart)
Analysis: - Importance: Utilizes support and resistance levels for trading opportunities
Trade Plan: - Buying Opportunity: Look for buy entries near support at 1.2435
- Shorting Opportunity: Consider shorting near resistance at 1.2534
Insights: GBPUSD presents support and resistance trading opportunities on the 1-hourly chart. Traders can consider buying near support and shorting near resistance levels for potential profits.
📈📉 Stay alert for trading opportunities based on support and resistance levels in GBPUSD!