GBPUSD

GBPUSD side produced upward reactions from the 50-day average region. However, it did not offer an effective opportunity for the price to rise. The declines intensified with the loss of the 50-day average. The image is still negative. It may ease to the 200-day averages in the 1.2297 and 1.2245 bands. Support: 1.2297 – 1.2245 Resistance: 1.2402