Investors have pared back expectations that the Fed could tilt to a slower pace of rate hikes as inflation remains at 8.5% on an annual basis, well above the Fed's 2% target.

As long as the GBPUSD pair stays below 1.1837 on a four-hourly basis, we will see a 1.1609 main support level. Otherwise, if the price goes beyond 1.1837. the next level will be at 1.2010

Support: 1.1609
Resistance: 1.1837 - 1.2010 - 1.2159

25 Aug 22 (Thu)

03:19 am