GBP/USD Faces Resistance Near $1.1865 – Update on Sell Signal - Forex News by FX Leaders
GBP/USD Faces Resistance Near $1.1865 - Update on Sell Signal

GBP/USD Faces Resistance Near $1.1865 – Update on Sell Signal

Posted Tuesday, November 22, 2022 by
Skerdian Meta • 1 min read

The GBP/USD is facing resistance at $1.1865, and the closing of a doji candle suggests a possible selling bias. As a result, we’ve opened a sell signal below $1.1865.

On the downside, the GBP/USD pair could fall as low as $1.1810, and a further breakout could extend selling as far as $1.1780.

GBP/USD

Today’s trading range is expected to be between 1.1750 support and 1.1920 resistance.

Today’s expected trend is bearish.

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