GBP USD Technical Analysis June 21, 2022
The GBP rose 0.24% against the USD on Monday and closed at 1.2253. 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 1.2270, which is 0.13% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2200 and a fall through could take it to the next support level of 1.2175 The pair is expected to find its first resistance at 1.2285 and a rise through could take it to the next resistance level of 1.2340. Today’s expected trading range is between 1.2045 support and 1.2400 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2200
Support 2: 1. 2175
Support 3: 1. 2045
Important resistance levels:
Resistance 1: 1.2285
Resistance 2: 1.2340
Resistance 3: 1.2400
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