GBP USD Technical Analysis June 15, 2022
The GBP declined 1.12% against the USD on Tuesday and closed at 1.1996. 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 1.2077, which is 0.68% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.1990 and a fall through could take it to the next support level of 1.1935 The pair is expected to find its first resistance at 1.2120 and a rise through could take it to the next resistance level of 1.2160. Today’s expected trading range is between 1.1900 support and 1.2200 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.1990
Support 2: 1.1935
Support 3: 1.1900
Important resistance levels:
Resistance 1: 1.2120
Resistance 2: 1.2160
Resistance 3: 1.2200
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