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GBP USD Technical Analysis January 13, 2023

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GBP USD Technical Analysis January 13, 2023

The GBP rose 0.54% against the USD on Thursday and closed at 1.2209. Today in the European session, while the GBP USD Technical Analysis January 13, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2190, which is 0.15% lower than the USD from yesterday’s close.

The pair is expected to find support at 1.2185 and a fall-through could take it to the next support level of 1.2115 The pair is expected to find its first resistance at 1.2245 and a rise-through could take it to the next resistance level of 1.2370. Today’s expected trading range is between 1.2100 support and 1.2350 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1. 2180
Support 2: 1. 2115
Support 3: 1. 2100

Important resistance levels:

Resistance 1: 1.2245
Resistance 2: 1.2370
Resistance 3: 1.2350

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