GBP USD Technical Analysis December 23, 2022
The GBP declined 0.29% against the USD on Thursday and closed at 1.2044. Today in the European session, while the GBP USD Technical Analysis December 23, 2022, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2070, which is 0.22% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.1995 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 1.2130 and a rise through could take it to the next resistance level of 1.2145. 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. 1995
Support 2: 1. 1970
Support 3: 1. 1905
Important resistance levels:
Resistance 1: 1.2130
Resistance 2: 1.2145
Resistance 3: 1.2190
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