GBPUSD Forex Analysis - Retest & Failure At 1.2200 Level?

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD weekly, daily, and 15-minute charts.
ACY Securities | 487 days ago
Stocktwits

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD weekly, daily, and 15-minute charts.

Price failed to hold above the 1.2200 level yesterday.

1.2193 - 1.2200 the daily resistance level and the Figure.

Watching for price to rally and fail at this intraday resistance area for a further decline targeting a move back below the 1.2100 level this week.

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.

Regulation: ASIC (Australia), VFSC (Vanuatu)
Tags: Analysis GBPUSD
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