GBP USD Technical Analysis July 4, 2022
The GBP declined 0.72% against the USD on Friday and closed at 1.2093. Today in the European session, while GBP USD Technical Analysis 31 May 2022, is preparing at 11:15 GMT, the GBP/USD is trading at 1.2133, which is 0.33% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2085 and a fall through could take it to the next support level of 1.1980 The pair is expected to find its first resistance at 1.2185 and a rise through could take it to the next resistance level of 1.2210. Today’s expected trading range is between 1.1935 support and 1.2240 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2085
Support 2: 1. 1980
Support 3: 1. 1935
Important resistance levels:
Resistance 1: 1.2185
Resistance 2: 1.2210
Resistance 3: 1.2240
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