GBP/USD tests resistance zone

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The GBP/USD currency exchange rate found resistance in the 1.3278/1.3300 zone and the 100-hour simple moving average.

In the case that the rate declines, it could find support in the zone that connects the November 30 and December 3 low level zone. Below the zone, the weekly S1 simple pivot point at 1.3167 might stop a decline.

Meanwhile, a recovery of the pair would have to pass the 1.3278/1.3300 zone before aiming at the weekly R1 simple pivot point at 1.3343.
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