English 
عربي 
The British Pound depreciated to the 1.2180 level, reaching its lowest point since mid March and showing its worst monthly performance in a year time, as the Bank of England paused rate hikes.
Being in a descending channel since September 5 along with its 9 days oversold status, the GBPUSD must make a minor correction up and holds potential for a quick move 1.2274 - 1.2330 as well as 1.2370. Trade is positioned for pressing rallies the next few days.
Resistance 2 1.2274
Resistance 1 1.2232
Support 1 1.2190
Support 2 1.2150
Being in a descending channel since September 5 along with its 9 days oversold status, the GBPUSD must make a minor correction up and holds potential for a quick move 1.2274 - 1.2330 as well as 1.2370. Trade is positioned for pressing rallies the next few days.
Resistance 2 1.2274
Resistance 1 1.2232
Support 1 1.2190
Support 2 1.2150
