Daily Technical Analysis Of GBPUSD - Thursday, Dec. 22

By Staff of AAATrade.com

Thursday, December 22, 2022 10:00 AM EST

Spotlight on GBPUSD. The latest daily technical analysis by AAATrade reveals the key support and resistance levels that each of these assets is likely to reach today. Look at the charts and our market analysts’ observations below and gain a fresh perspective on trading.

GBPUSD

Looking at GBPUSD’s chart, we can see that GBP lost steam and the FX pair dropped from above the level of $1.24 to the current level of around $1.21. If it manages to hold above its support level today at around $1.2075, we should see it reacting upward towards its resistance level at around $1.2190, otherwise, it could further fall towards its next support level at around $1.2030-1.2050.

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AAATrade's Daily Technical Analysis of GBPUSD - 22/12/2022

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