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22oct

Gbpusd technical analysis Monday 22OctGbpusd on last Wednesday has already broken the small support line (red break line) at 1.3146. This has led the market to fall towards the first support of 1.3013 If the market manages to break the first support line, it is likely to reach the second support line at 1.2929. If the market shifts to the north instead the analysis is void. The second resistance can be seen at the point 1.3222 after the break support line acts as the first hurdle in the 1.3146 line.
Short
by Cayen

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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