Technical Analysis : GBP/USD 20 September 2022

Forex Technical Analysis : GBPUSD

Date : 20 September 2022

Pivot point : 1.1400

Our preference : long positions above 1.1400 with targets at 1.1450 & 1.1470 in extension.

Alternative scenario : below 1.1400 look for further downside with 1.1375 & 1.1350 as targets.

Comment : a support base at 1.1400 has formed and has allowed for a temporary stabilisation.

Supports and resistances :

1.1490 **
1.1470 *
1.1450
1.1426 – Last price
1.1400
1.1375 *
1.1350 **

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

Source : Trading Central

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