Technical Analysis : GBP/USD 21 December 2022

Forex Technical Analysis : GBPUSD

Date : 21 December 2022

Pivot point : 1.2120

Our preference : long positions above 1.2120 with targets at 1.2220 & 1.2260 in extension.

Alternative scenario : below 1.2120 look for further downside with 1.2080 & 1.2050 as targets.

Comment : the RSI lacks downward momentum.

Supports and resistances :

1.2290 **
1.2260 *
1.2220
1.2166 – Last price
1.2120
1.2080 *
1.2050 **

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

Source : Trading Central

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