empty
You are about to be redirected to
www.instaforex.com
The services on this website better suit your location
 
 
Open Account

22.06.202216:24 Forex Analysis & Reviews: Technical analysis on GBPUSD for June 22nd, 2022.

Company does not offer investment advice and the analysis performed does not guarantee results.
The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Exchange Rates 22.06.2022 analysis

Red line- resistance

GBPUSD is trading around 1.2265 way off its daily lows. Today's daily candle is so far promising for bulls. Price remains below the downward sloping resistance trend line and as long as this is the case, GBPUSD will remain vulnerable to more downside. Resistance is now at 1.2455. Support is at today's lows at 1.2160. Trend remains bearish as price continues making lower lows and lower highs.

Alexandros Yfantis
Analytical expert of InstaForex
© 2007-2022

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.