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161222 GBPUSD

by | Dec 16, 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: 1.2335, 1.2535

Support level: 1.2135, 1.1955