Technical Analysis : GBP/USD 21 October 2022

Forex Technical Analysis : GBPUSD

Date : 21 October 2022

Pivot point : 1.1250

Our preference : short positions below 1.1250 with targets at 1.1170 & 1.1130 in extension.

Alternative scenario : above 1.1250 look for further upside with 1.1280 & 1.1310 as targets.

Comment : a break below 1.1170 would trigger a drop towards 1.1130.

Supports and resistances :

1.1310 **
1.1280 *
1.1250
1.1211 – Last price
1.1170
1.1130 *
1.1080 **

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

Source : Trading Central

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