GBP USD Technical Analysis December 9, 2022
The GBP rose 0.27% against the USD on Thursday and closed at 1.2233. Today in the European session, while the GBP USD Technical Analysis December 9, 2022, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2247, which is 0.12% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2220 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 1.2275 and a rise through could take it to the next resistance level of 1.2300. Today’s expected trading range is between 1.2155 support and 1.2342 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2220
Support 2: 1. 2175
Support 3: 1. 2155
Important resistance levels:
Resistance 1: 1.2275
Resistance 2: 1.2300
Resistance 3: 1.2342
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