GBPUSD 17.08.2022

Technical Analysis
Wednesday, August 17, 2022 - 00:36
Point Trader Group

Summary:

Bullish (carefully)

Expected scenario:

The pair is trading above a strong support level around 1.2000, which might push the pair up to 1.2150 – 1.2200

Alternative scenario:

The bearish trend returns to control by breaking 1.2000 . level

resistance levels

1.2150 - 1.2200

Support levels

1.2000 - 1.1900

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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