GBPUSD

The ECB is widely expected to follow its global peers by raising interest rates in July to try to check soaring inflation though economists are divided on the magnitude of any rate hike.

As long as the GBPUSD pair stays below 1.2306, on a four-hourly basis, we will see a 1.2159 main support level. Otherwise, if the price goes beyond 1.2306. the next level will be at 1.2380.


Support: 1.2159
Resistance: 1.2306 - 1.2380 - 1.2574

29 Jun 22 (Wed)

03:08 am