GBPUSD

GBPUSD

Yesterday, Powell said the U.S. economy was ready for higher interest rates and a runoff of its asset holdings to combat inflation. But he said policymakers were still debating approaches to reducing the Fed balance sheet, and said it could sometimes take two, three or four meetings for them to make such decisions.

Pay attention to 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 1.3688 resistance levels. 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

12 Jan 22 (Wed)

05:11 am



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