Could GBP/USD fall towards 1.2225?

AAATrade Team AAATrade

GBP/USD

Looking at GBPUSD Chart, we can see that it is currently traded at the rate of 1.2299, which is close to its support level at around 1.2270. if it manages to hold its rate above that support level, then we should see it rising towards its resistance level at around 1.235 otherwise it could fall towards its next support level at around 1.2225.

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AAATrade Team

AAATrade

The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.

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