GBP USD Technical Analysis Sep 25, 2023
The GBP declined 0.47% against the USD on Friday and closed at 1.2235. Today in the European session, while the GBP USD Technical Analysis Sep 25, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2222, which is 0.11% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2210 and a fall-through could take it to the next support level of 1.2185 The pair is expected to find its first resistance at 1.2250 and a rise-through could take it to the next resistance level of 1.2280. Today’s expected trading range is between 1.2150 support and 1.2300 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2210
Support 2: 1. 2185
Support 3: 1. 2150
Important resistance levels:
Resistance 1: 1.2250
Resistance 2: 1.2280
Resistance 3: 1.2300
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