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080822 GBPUSD

by | Aug 8, 2022 | GBP/USD | 0 comments

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

 

Resistance level: 1.2070, 1.2170

Support level: 1.1995, 1.1870