Weekly Analysis 22/04/2022

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: S1: 1.300
From the daily chart, the price has supported above the support level. Traders can trade a long position at current price level and take profits below the resistance level (1.318).

TRADING TIPS


Long Position

1.301

1.315

1.294