Technical analysis of GBP/USD 01/11/2022

The GBP / USD currency pair found resistance at 1.3616 and is currently trading at 1.3570.

The technical picture suggests the development of a downward movement.

The nearest support levels are in the following price areas:

1.3500 (23.6% Fibo);

1.3450 (38.2% Fibo), (MA100).

Cancellation of the decline development option will be the growth of the pair above the high of 1.3616.

GBPUSD_STPH4

Created by Joshua Hayn

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