GBP USD Technical Analysis 23 May 2022
The GBP rose 0.22% against the USD on Friday and closed at 1.2491. Today in the Asian session, while GBP USD Technical Analysis 23 May 2022, is preparing at 5:15 GMT, the GBP/USD is trading at 1.2540, which is 0.39% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2455 and a fall through could take it to the next support level of 1.2440 The pair is expected to find its first resistance at 1.2570 and a rise through could take it to the next resistance level of 1.2600. Today’s expected trading range is between 1.2335 support and 1.2630 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2455
Support 2: 1.2440
Support 3: 1.2335
Important resistance levels:
Resistance 1: 1.2570
Resistance 2: 1.2600
Resistance 3: 1.2630
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