Daily Support & Resistance

December 16 2021

GBPUSD range trading ahead of today’s Bank of England monetary policy meeting.

Support and Resistance

MAJORS

USDJPY

Resistance 114.30 and 114.80

Support 113.50 and 113.00

EURUSD

Resistance 1.1310 and 1.1360

Support 1.1220 and 1.1170

GBPUSD

Resistance 1.3290 and 1.3340

Support 1.3220 and 1.3170

USDCHF

Resistance 0.9300 and 0.9340

Support 0.9230 and 0.9190

COMMODITY CURRENCIES

USDCAD

Resistance 1.2880 and 1.2930

Support 1.2790 and 1.2740

AUDUSD

Resistance 0.7190 and 0.7240

Support 0.7120 and 0.7070

NZDUSD

Resistance 0.6800 and 0.6850

Support 0.6730 and 0.6680

CROSS-CURRENCY PAIRS

EURJPY

Resistance 129.10 and 129.60

Support 128.30 and 127.80

EURGBP

Resistance 0.8560 and 0.8600

Support 0.8490 and 0.8450

GBPJPY

Resistance 151.80 and 152.50

Support 150.70 and 150.00

GBPCHF

Resistance 1.2290 and 1.2340

Support 1.2220 and 1.2137

EURCHF

Resistance 1.0450 and 1.0500

Support 1.0390 and 1.0340

GOLD

Resistance 1782.00 and 1792.00

Support 1768.00 and 1758.00

Published by Neil Callard

Forex Trader and Educator. 30 years trading experience, of which 20 years was market making in major currencies in large international financial institutions.

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