GBP USD Technical Analysis 8 June 2022
The GBP rose 0.48% against the USD on Tuesday and closed at 1.2590. 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 1.2526, which is 0.53% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2483 and a fall through could take it to the next support level of 1.2460 The pair is expected to find its first resistance at 1.2597 and a rise through could take it to the next resistance level of 1.2610. Today’s expected trading range is between 1.2460 support and 1.2630 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.2483
Support 2: 1.2460
Support 3: 1.2430
Important resistance levels:
Resistance 1: 1.2597
Resistance 2: 1.2610
Resistance 3: 1.2630
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