GBP USD Technical Analysis December 22, 2022
The GBP declined 0.81% against the USD on Wednesday and closed at 1.2080. Today in the European session, while the GBP USD Technical Analysis December 22, 2022, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2050, which is 0.25% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2025 and a fall through could take it to the next support level of 1.1970 The pair is expected to find its first resistance at 1.2145 and a rise through could take it to the next resistance level of 1.2160. Today’s expected trading range is between 1.1905 support and 1.2190 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2025
Support 2: 1. 1970
Support 3: 1. 1905
Important resistance levels:
Resistance 1: 1.2145
Resistance 2: 1.2160
Resistance 3: 1.2190
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