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110522 GBPUSD

by | May 11, 2022 | GBP/USD | 0 comments

GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level. MACD which illustrated decreasing bullish momentum suggest the pair to extend its losses.

 

Resistance level: 1.2345, 1.2435

Support level: 1.2265, 1.2165