HomeContributorsTechnical AnalysisGBP/USD: Key Resistance At 1.2330

GBP/USD: Key Resistance At 1.2330

Pivot (invalidation): 1.2330

Our preference Short positions below 1.2330 with targets at 1.2280 & 1.2250 in extension.

Alternative scenario Above 1.2330 look for further upside with 1.2360 & 1.2390 as targets.

Comment As Long as the resistance at 1.2330 is not surpassed, the risk of the break below 1.2280 remains high.

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