GBP USD Technical Analysis March 27, 2023
The GBP declined 0.49% against the USD on Friday and closed at 1.2229. Today in the European session, while the GBP USD Technical Analysis March 27, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2265, which is 0.29% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2220 and a fall-through could take it to the next support level of 1.2180 The pair is expected to find its first resistance at 1.2270 and a rise-through could take it to the next resistance level of 1.2285. Today’s expected trading range is between 1.2115 support and 1.2340 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2220
Support 2: 1. 2180
Support 3: 1. 2115
Important resistance levels:
Resistance 1: 1.2270
Resistance 2: 1.2285
Resistance 3: 1.2340
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