GBP USD Technical Analysis August 26, 2022
The GBP rose 0.28% against the USD on Thursday and closed at 1.1830. Today in the European session, while the GBP USD Technical Analysis August 26, 2022, is preparing at 5:00 GMT, the GBP/USD is trading at 1.1837, which is 0.06% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.1785 and a fall through could take it to the next support level of 1.1755 The pair is expected to find its first resistance at 1.1860 and a rise through could take it to the next resistance level of 1.1875. Today’s expected trading range is between 1.1720 support and 1.1935 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 1780
Support 2: 1. 1755
Support 3: 1. 1720
Important resistance levels:
Resistance 1: 1.1860
Resistance 2: 1.1875
Resistance 3: 1.1935
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