Technical Analysis : GBP/USD 1 November 2022

Forex Technical Analysis : GBPUSD

Date : 1 November 2022

Pivot point : 1.1475

Our preference : long positions above 1.1475 with targets at 1.1550 & 1.1580 in extension.

Alternative scenario : below 1.1475 look for further downside with 1.1455 & 1.1430 as targets.

Comment : the RSI advocates for further upside.

Supports and resistances :

1.1615 **
1.1580 *
1.1550
1.1526 – Last price
1.1475
1.1455 *
1.1430 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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