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GBP USD Technical Analysis August 11, 2021

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GBP USD Technical Analysis August 11, 2021

The GBP declined 0.04% against the USD on Tuesday and closed at 1.3838. Today in the Asian session, while GBP USD Technical Analysis August 11, 2021at 4:15 GMT, the GBP/USD is trading at 1.3830, which is 0.06% lower against the USD from yesterday’s close.

The pair is expected to find support at 1.3810 and a fall through could take it to the next support level of 1.3790 The pair is expected to find its first resistance at 1.3945 and a rise through could take it to the next resistance level of 1.3865. Today’s expected trading range is between 1.3770 support and 1.3890 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3810
Support 2: 1.3790
Support 3: 1.3770

Important resistance levels:

Resistance 1: 1.3845
Resistance 2: 1.3865
Resistance 3: 1.3890

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