Technical Analysis : GBP/USD 18 November 2022

Forex Technical Analysis : GBPUSD

Date : 18 November 2022

Pivot point : 1.1855

Our preference : long positions above 1.1855 with targets at 1.1955 & 1.1990 in extension.

Alternative scenario : below 1.1855 look for further downside with 1.1820 & 1.1785 as targets.

Comment : the RSI shows upside momentum.

Supports and resistances :

1.2020 **
1.1990 *
1.1955
1.1903 – Last price
1.1855
1.1820 *
1.1785 **

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

Source : Trading Central

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