GBPUSD Forex Analysis - Downtrend Targeting 1.2210 Daily Support

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD daily and 4-hour charts.
ACY Securities | 624 days ago
Stocktwits

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD daily and 4-hour charts.

Price has declined and is testing the 1.2293 weekly support level.

1.2344 4-hour resistance level.

1.2388 - 1.2400 79% fib retracement level, monthly resistance level, and the Figure.

Watching for price to rally and fail at an intraday resistance level for a further decline targeting the 1.2210 daily support level.

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.

Regulation: ASIC (Australia), VFSC (Vanuatu)
Tags: Analysis GBPUSD
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