Fri, 03 Dec 2021 11:13:45 GMT
GBP/USD passes support levels
At mid-day on Friday, the GBP/USD currency exchange rate pierced the support of the weekly S1 simple pivot point at 1.3264. The rate was pushed down initially on Thursday by the 200-hour SMA. On Friday, the 50-hour simple moving average provided resistance.
A potential decline further below might look for support in the 1.3200 mark, which provided the pair with support