GBP USD Technical Analysis 3 June 2022
The GBP rose 0.72% against the USD on Thursday and closed at 1.2576. Today in the Asian session, while GBP USD Technical Analysis 31 May 2022, is preparing at 5:15 GMT, the GBP/USD is trading at 1.2573, which is 0.03% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2525 and a fall through could take it to the next support level of 1.2500 The pair is expected to find its first resistance at 1.2560 and a rise through could take it to the next resistance level of 1.2590. Today’s expected trading range is between 1.2460 support and 1.2630 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2525
Support 2: 1.2500
Support 3: 1.2460
Important resistance levels:
Resistance 1: 1.2587
Resistance 2: 1.2610
Resistance 3: 1.2630
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