British Pound seems to be bearish after trading within a lower range. It broke below all support levels in US session and remained below them until market close. If a bearish trend sustains then the pair may adjust to 1.2361 and then test the next support of 1.2299. Alternatively, if a bullish trend sets in motion the pair could head towards 1.2526 level and head higher to 1.2629.
Pivot point: 1.2464
Resistance level 1: 1.2526 Resistance level 2: 1.2629 Resistance level 3: 1.2691
Support level 1: 1.2361 Support level 2: 1.2299 Support level 3: 1.2196
Pivot point: 1.2464
Resistance level 1: 1.2526 Resistance level 2: 1.2629 Resistance level 3: 1.2691
Support level 1: 1.2361 Support level 2: 1.2299 Support level 3: 1.2196
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.