Technical Analysis : GBP/USD 29 November 2022

Forex Technical Analysis : GBPUSD

Date : 29 November 2022

Pivot point : 1.2025

Our preference : short positions below 1.2025 with targets at 1.1935 & 1.1900 in extension.

Alternative scenario : above 1.2025 look for further upside with 1.2065 & 1.2105 as targets.

Comment : intraday technical indicators are mixed and call for caution.

Supports and resistances :

1.2105 **
1.2065 *
1.2025
1.2002 – Last price
1.1935
1.1900 *
1.1870 **

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

Source : Trading Central

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