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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

GBPUSD 17.08.2022

Technical Analysis
Wednesday, August 17, 2022 - 00:36
Point Trader Group
GBPUSD 17.08.2022

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

*Risk Disclaimer: 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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