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GBPUSD News

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Last Updated Date: 25 May 2022 @ 9:33 AM (UTC)
*Please note that all the dates are in GMT time zone

The GBPUSD market suggests a turnover, signaling for bear trending selloffs to reach under the 1.2465 swing low. A close under Friday’s 1.2436 low will help motivate selloffs. Any corrective recovery action should stay trapped in last week’s range to maintain bear trend signals. However, a close over 1.2600 is needed to start a turnaround.

Resistance 2      1.2594
Resistance 1      1.2552

 
Support 1           1.2508
Support 2           1.2465


 
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