Last Updated Date: 27 May 2022 @ 6:58 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 1.2481 swing low. A close under last Friday 1.2436 low will help motivate selloffs 1.2333. Any corrective recovery action should stay trapped in last week’s range to maintain bear trend signals.
Resistance 2 1.2662
Resistance 1 1.2619
Support 1 1.2575
Support 2 1.2551