GBP USD Technical Analysis June 6, 2023
The GBP declined 0.10% against the USD on Monday and closed at 1.2434. Today in the European session, while the GBP USD Technical Analysis June 6, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2400, which is 0.26% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2375 and a fall-through could take it to the next support level of 1.2350 The pair is expected to find its first resistance at 1.2455 and a rise-through could take it to the next resistance level of 1.2520. Today’s expected trading range is between 1.2325 support and 1.2540 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2375
Support 2: 1. 2350
Support 3: 1. 2325
Important resistance levels:
Resistance 1: 1.2455
Resistance 2: 1.2520
Resistance 3: 1.2540
EUR/USD Technical Analysis June 6, 2023
USD/JPY Technical Analysis June 6, 2023
USD/CAD Technical Analysis June 6, 2023