GBP USD Technical Analysis February 15, 2023
The GBP rose 0.30% against the USD on Tuesday and closed at 1.2170. Today in the European session, while the GBP USD Technical Analysis February 15, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2073, which is 0.78% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2035 and a fall-through could take it to the next support level of 1.2000 The pair is expected to find its first resistance at 1.2180 and a rise-through could take it to the next resistance level of 1.2260. Today’s expected trading range is between 1.1965 support and 1.2300 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2035
Support 2: 1. 2000
Support 3: 1. 1965
Important resistance levels:
Resistance 1: 1.2180
Resistance 2: 1.2260
Resistance 3: 1.2300
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