GBP USD Technical Analysis June 14, 2022
The GBP declined 1.52% against the USD on Monday and closed at 1.2132. 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 1.2145, which is 0.12% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2110 and a fall through could take it to the next support level of 1.2075 The pair is expected to find its first resistance at 1.2205 and a rise through could take it to the next resistance level of 1.2230. Today’s expected trading range is between 1.2000 support and 1.2265 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.2110
Support 2: 1.2075
Support 3: 1.2000
Important resistance levels:
Resistance 1: 1.2205
Resistance 2: 1.2230
Resistance 3: 1.2265
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