Technical Analysis : GBP/USD 27 July 2022

Forex Technical Analysis : GBPUSD

Date : 27 July 2022

Pivot point : 1.2020

Our preference : long positions above 1.2020 with targets at 1.2090 & 1.2110 in extension.

Alternative scenario : below 1.2020 look for further downside with 1.2000 & 1.1970 as targets.

Comment : the RSI advocates for further upside.

Supports and resistances :

1.2125 **
1.2110 *
1.2090
1.2069 – Last price
1.2020
1.2000 *
1.1970 **

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

Source : Trading Central

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