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GBPUSD 1-11-2023 .

Technical Analysis
By Shady Fouad
0 25


GBPUSD 1-11-2023 .

The prices are currently moving in a down- trend in the short term, with the key support level at 1.2000 continuing to hold strong. It is expected that there will be a bounce back and a retest of the resistance level at 1.2315. However, this scenario would be invalidated if the previously mentioned support level is broken.

Support

 1.2000 1.1860 –
Resistance 1.2315 1.2350

1.2380
Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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