GBP/USD: Key Support Turned Resistance At 1.2250

<p>Key Highlights GBP/USD extended its decline below 1.2200 and traded close to 1.2075. A major bearish trend line is forming with resistance near 1.2220 on the 4-hours chart. The UK Claimant count could change 150K in April 2020, a lot more than the last 12.1K. The ILO Unemployment rate is likely to rise from 4% […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/296114-gbp-usd-key-support-turned-resistance-at-1-2250/">GBP/USD: Key Support Turned Resistance At 1.2250</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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