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GBP USD Technical Analysis September 2, 2022

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GBP USD Technical Analysis September 2, 2022

The GBP declined 0.65% against the USD on Tuesday and closed at 1.1544. Today in the European session, while the GBP USD Technical Analysis September 2, 2022, is preparing at 5:00 GMT, the GBP/USD is trading at 1.1555, which is 0.07% higher than the USD from yesterday’s close.

The pair is expected to find support at 1.1500 and a fall through could take it to the next support level of 1.1480 The pair is expected to find its first resistance at 1.1580 and a rise through could take it to the next resistance level of 1.1615. Today’s expected trading range is between 1.1425 support and 1.1690 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1. 1500
Support 2: 1. 1480
Support 3: 1. 1425

Important resistance levels:

Resistance 1: 1.1580
Resistance 2: 1.1615
Resistance 3: 1.1690

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