GBP USD Technical Analysis 27 May 2022
The GBP rose 0.25% against the USD on Thursday and closed at 1.2600. Today in the Asian session, while GBP USD Technical Analysis 27 May 2022, is preparing at 5:15 GMT, the GBP/USD is trading at 1.2605, which is 0.05% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2590 and a fall through could take it to the next support level of 1.2555 The pair is expected to find its first resistance at 1.2665 and a rise through could take it to the next resistance level of 1.2700. Today’s expected trading range is between 1.2475 support and 1.2760 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2590
Support 2: 1.2555
Support 3: 1.2475
Important resistance levels:
Resistance 1: 1.2665
Resistance 2: 1.2700
Resistance 3: 1.2760
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