Technical Analysis : GBP/USD 11 November 2022

Forex Technical Analysis : GBPUSD

Date : 11 November 2022

Pivot point : 1.1620

Our preference : long positions above 1.1620 with targets at 1.1760 & 1.1800 in extension.

Alternative scenario : below 1.1620 look for further downside with 1.1570 & 1.1520 as targets.

Comment : intraday technical indicators are mixed and call for caution.

Supports and resistances :

1.1840 **
1.1800 *
1.1760
1.1650 – Last price
1.1620
1.1570 *
1.1520 **

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

Source : Trading Central

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