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GBP USD Technical Analysis August 24, 2021

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GBP USD Technical Analysis August 24, 2021

The GBP rose 0.77% against the USD on Monday and closed at 1.3723. Today in the Asian session, while GBP USD Technical Analysis August 24, 2021at 5:15 GMT, the GBP/USD is trading at 1.3712, which is 0.07% lower against the USD from yesterday’s close.

The pair is expected to find support at 1.3690 and a fall through could take it to the next support level of 1.3640 The pair is expected to find its first resistance at 1.3745 and a rise through could take it to the next resistance level of 1.3780. Today’s expected trading range is between 1.3600 support and 1.3830 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3690
Support 2: 1.3640
Support 3: 1.3600

Important resistance levels:

Resistance 1: 1.3745
Resistance 2: 1.3780
Resistance 3: 1.3830

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