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Technical Analysis Daily: GBP/USD
GBP/USD 1.9828 - Apr 22nd
GBP/USD Open 1.9975 High 2.0018 Low 1.9783 Close 1.9802

The British Pound started correcting against the US Dollar after reaching 2.0020, which is 38% Fibonacci correction of the climb 1.9340 - 2.0390, and first resistance for today. Next resistance upwards is 2.0090, followed by 2.0160. Supports downwards are expected at today's bottom 1.9645, followed by 1.9680, and 1.9600.

Technical resistance levels: 2.0020 2.0090 2.0160
Technical support levels: 1.9645 1.9680 1.9600

Trading range: 1.9840 - 1.9765
Trend: Downward
Sell at 1.9828 SL 1.9858 TP 1.9778