GBP/USD: The main determinant of price movement on the GBPUSD is the USD
Analyst
October 20, 2023 06:48 AM
BEARISH
Daily Trading Range:
GBP/USD: The main determinant of price movement on the GBPUSD is the USD Dollar. With the strong US Dollar we have at the moment, the GBPUSD is Bearish. There is also a Down ABCD Fib Swing on the 2 Hour chart
Free access to this chart and analysis. The following link should be copied and pasted into your browser: https://smartrader.com/ideas/
Daily Chart
Daily Support and Resistance
| Resistance 3: | 1.2600 |
| Resistance 2: | 1.6500 |
| Resistance 1: | 1.5000 |
| Current Price | 1.2122 |
| Support 1: | 1.1200 |
| Support 2: | 1.0000 |
| Support 3: | 0.8500 |
Two Hour Chart
