RaynLim

GBPUSD-Weekly Market Analysis-Sep22,Wk5

Short
FX:GBPUSD   Livre sterling / Dollar américain
GBPUSD is on a bearish trend; you may wonder if GBPUSD will hit parity with the dollar. The next level of support is at 1.0554, the market has to break and close beyond the level before we talk about Pound Parity with the US. The immediate resistance level that I'm waiting for a shorting opportunity is at 1.1212.

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