GBP USD Technical Analysis March 22, 2023
The GBP declined 0.46% against the USD on Tuesday and closed at 1.2217. Today in the European session, while the GBP USD Technical Analysis March 22, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2235, which is 0.15% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2225 and a fall-through could take it to the next support level of 1.2170 The pair is expected to find its first resistance at 1.2295 and a rise-through could take it to the next resistance level of 1.2330. Today’s expected trading range is between 1.2115 support and 1.2380 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2225
Support 2: 1. 2170
Support 3: 1. 2115
Important resistance levels:
Resistance 1: 1.2295
Resistance 2: 1.2330
Resistance 3: 1.2380
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