GBP USD Technical Analysis July 5, 2023
The GBP rose 0.17% against the USD on Tuesday and closed at 1.2713. Today in the European session, while the GBP USD Technical Analysis July 5, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2696, which is 0.13% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2685 and a fall-through could take it to the next support level of 1.2660 The pair is expected to find its first resistance at 1.2735 and a rise-through could take it to the next resistance level of 1.2755. Today’s expected trading range is between 1.2600 support and 1.2785 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2685
Support 2: 1. 2660
Support 3: 1. 2600
Important resistance levels:
Resistance 1: 1.2735
Resistance 2: 1.2755
Resistance 3: 1.2785
EUR/USD Technical Analysis July 5, 2023
USD/JPY Technical Analysis July 5, 2023
USD/CAD Technical Analysis July 5, 2023