The dollar held near a one-year high versus major peers on Wednesday, amid rising expectations the Federal Reserve will announce a tapering of stimulus next month, potentially following with interest rate hikes by mid-2022.
Focus on the 1.3599 main support level in the GBPUSD pair. As long as the pair stays above 1.3599, on a daily basis, we will follow the 1.3688 resistance level. Otherwise, if the price drops below 1.3599, the next resistance level will be at 1.3517.
Support : 1.3599 - 1.3517 - 1.3392
Resistance : 1.3688 - 1.3784 - 1.3883
13 Oct 21 (Wed)
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