GBPUSD 21.12.2021

Technical Analysis
Tuesday, December 21, 2021 - 09:03
Point Trader Group
GBPUSD 21.12.2021

Overview:

The pair is trading in a downtrend

Expected scenario:

The above chart shows that the pair is trading above a strong support level around 1.3160, which enhances the chances of ascending to 1.3350

Alternative scenario:

On the other hand, we see that in case 1.3160 is broken down, it may push this pair down to 1.3100

 

Resistance levels

1.3350

1.3400

1.3435

 

Support levels

1.3190

1.3160

1.3100

  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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