Technical Analysis : GBP/USD 14 December 2022

14 December 2022 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsGBP/USD

Forex Technical Analysis : GBPUSD 14 December 2022

Forex Technical Analysis : GBPUSD

Date : 14 December 2022

Pivot point : 1.2300

Our preference : long positions above 1.2300 with targets at 1.2400 & 1.2440 in extension.

Alternative scenario : below 1.2300 look for further downside with 1.2270 & 1.2240 as targets.

Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances :

1.2480 **
1.2440 *
1.2400
1.2352 – Last price
1.2300
1.2270 *
1.2240 **

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

Source : Trading Central

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