Technical analysis on GBPUSD for June 22nd, 2022. Download your MetaTrader Expert Advisors for MT5 / MT4 trading strategy Maintenance RobotFX

Technical analysis on GBPUSD for June 22nd, 2022.

RobotFX June 22, 2022 0 Comments

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Red line- resistance

GBPUSD is trading around 1.2265 way off its daily lows. Today's daily candle is so far promising for bulls. Price remains below the downward sloping resistance trend line and as long as this is the case, GBPUSD will remain vulnerable to more downside. Resistance is now at 1.2455. Support is at today's lows at 1.2160. Trend remains bearish as price continues making lower lows and lower highs.

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Technical analysis on GBPUSD for June 22nd, 2022.

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