Last Updated Date: 18 March 2022 @ 11:07 AM (UTC)
*Please note that all the dates are in GMT time zone
The GBPUSD reached the 1.3210 high yesterday. But today’s break signals a return to bear trending and calls for selloffs to attack the last swing low, likely extending a break to the 1.3100 - 1.3080 low. A close under 1.3080 is negative. Any corrections trapped under 1.3200 will bear flag. A close over 1.3230 alerts for a reversing turn back to bottoming trade.
Resistance 2 1.3212
Resistance 1 1.3170
Support 1 1.3126
Support 2 1.3080