GBP USD Technical Analysis January 30, 2023
The GBP declined 0.02% against the USD on Friday and closed at 1.2397. Today in the European session, while the GBP USD Technical Analysis January 30, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2395, which is 0.01% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2380 and a fall-through could take it to the next support level of 1.2345 The pair is expected to find its first resistance at 1.2417 and a rise-through could take it to the next resistance level of 1.2430. Today’s expected trading range is between 1.2285 support and 1.2445 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2380
Support 2: 1. 2345
Support 3: 1. 2285
Important resistance levels:
Resistance 1: 1.2417
Resistance 2: 1.2430
Resistance 3: 1.2445
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