GBP USD Technical Analysis February 10, 2023
The GBP rose 0.44% against the USD on Thursday and closed at 1.2120. Today in the European session, while the GBP USD Technical Analysis February 10, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2115, which is 0.05% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2080 and a fall-through could take it to the next support level of 1.2055 The pair is expected to find its first resistance at 1.2135 and a rise-through could take it to the next resistance level of 1.2185. Today’s expected trading range is between 1.1965 support and 1.2260 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2080
Support 2: 1. 2055
Support 3: 1. 1965
Important resistance levels:
Resistance 1: 1.2135
Resistance 2: 1.2185
Resistance 3: 1.2260
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