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GBP USD Technical Analysis June 28, 2022

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GBP USD Technical Analysis June 28, 2022

The GBP declined 0.03% against the USD on Monday and closed at 1.2263. 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 1.2265, which is 0.01% lower than the USD from yesterday’s close.

The pair is expected to find support at 1.2240 and a fall through could take it to the next support level of 1.2222 The pair is expected to find its first resistance at 1.2290 and a rise through could take it to the next resistance level of 1.2320. Today’s expected trading range is between 1.2165 support and 1.2400 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1. 2240
Support 2: 1. 2222
Support 3: 1. 2165

Important resistance levels:

Resistance 1: 1.2290
Resistance 2: 1.2320
Resistance 3: 1.2400

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