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GBPUSD News

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Last Updated Date: 26 May 2022 @ 7:10 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 1.2640 is needed to start a turnaround.

Resistance 2       1.2641
Resistance 1       1.2598

 
Support 1           1.2554
Support 2           1.2512


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