GBPUSD 20-12-2023

Technical Analysis

By Shady Fouad On Dec 20, 2023

GBPUSD 20-12-2023.

Prices are trading around the 1.2700 zone, and it is likely to break this zone down and test the support zone at 1.2615. However, if it holds above 1.2700, prices may bounce back to test the important resistance zone within the range of 1.2800.

Support	1.2700	1.2635	1.2600
Resistance	1.2780	1.2820	–

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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