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GBP USD Technical Analysis July 14, 2023

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GBP USD Technical Analysis July 14, 2023

The GBP rose 1.11% against the USD on Thursday and closed at 1.3134. Today in the European session, while the GBP USD Technical Analysis July 14, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.3118, which is 0.12% lower than the USD from yesterday’s close.

The pair is expected to find support at 1.3100 and a fall-through could take it to the next support level of 1.3030 The pair is expected to find its first resistance at 1.3140 and a rise-through could take it to the next resistance level of 1.3190. Today’s expected trading range is between 1.2985 support and 1.3240 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1. 3100
Support 2: 1. 3030
Support 3: 1. 2985

Important resistance levels:

Resistance 1: 1.3140
Resistance 2: 1.3190
Resistance 3: 1.3240

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