GBP/USD: Resistance from the 200DMA at 1.2176 set to cap initially – Credit Suisse GBPUSD Banks
Support at 1.2025 needs to hold to keep the immediate risk higher
“Support at 1.2025 needs to hold to keep the immediate risk higher. Below can see a setback to 1.1958/52, then the 13 DMA and price support at 1.1910/00 but with fresh buyers expected to show here.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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