GBP USD Technical Analysis July 3, 2023
The GBP rose 0.67% against the USD on Friday and closed at 1.2693. Today in the European session, while the GBP USD Technical Analysis July 3, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2673, which is 0.16% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2660 and a fall-through could take it to the next support level of 1.2620 The pair is expected to find its first resistance at 1.2705 and a rise-through could take it to the next resistance level of 1.2725. Today’s expected trading range is between 1.2600 support and 1.2755 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2660
Support 2: 1. 2620
Support 3: 1. 2600
Important resistance levels:
Resistance 1: 1.2705
Resistance 2: 1.2725
Resistance 3: 1.2755
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