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121022 GBPUSD

by | Oct 12, 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: 1.1165, 1.1370

Support level: 1.0885, 1.0630