GBPUSD 16-10-2023 .

By Shady Fouad Last updated Oct 31, 2023

GBPUSD 16-10-2023 .
The prices are moving in a down trend in the short term as they have declined from near a significant resistance area in the 1.2350 range. It is expected that the support area will be tested again in the 1.2000 range .

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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