Thu, 08 Dec 2022 17:58:36 GMT
GBP/USD recovers to 1.2250
On Thursday, the GBP/USD pair found support in the weekly simple pivot point at 1.2162 and surged to the 1.2250 level.
In the case of the pair moving above 1.2250, the 1.2300 and 1.2350 levels are highly likely to act as resistance, as they stopped the last week's surge.
However, a decline of the Pound against the US Dollar might