GBP USD Technical Analysis August 10, 2021
The GBP declined 0.17% against the USD on Monday and closed at 1.3846. Today in the Asian session, while GBP USD Technical Analysis August 10, 2021at 4:15 GMT, the GBP/USD is trading at 1.3860, which is 0.11% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.3837 and a fall through could take it to the next support level of 1.3830 The pair is expected to find its first resistance at 1.3980 and a rise through could take it to the next resistance level of 1.3990. Today’s expected trading range is between 1.3770 support and 1.3950 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3837
Support 2: 1.3830
Support 3: 1.3770
Important resistance levels:
Resistance 1: 1.3880
Resistance 2: 1.3990
Resistance 3: 1.3950