Weekly Analysis 11/11/2022

WEEKLY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

 

DAILY GBP/USD

Support & Resistance: R1: 1.172
From the daily chart, it has forming a triangle chart pattern. Traders can trade long position after the price has breaks the resistance level.

TRADING TIPS


Long Position

1.173

1.189

1.168