GBP USD Technical Analysis 30 June 2021
GBP USD Technical Analysis: The GBP declined 0.30% against the USD on Monday and closed at 1.3836. Today in the Asian session, while GBP USD technical Analysis 30 June 2021at 4:45 GMT, the GBP/USD is trading at 1.3840, which is 0.2% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.3815 and a fall through could take it to the next support level of 1.3790 The pair is expected to find its first resistance at 1.3860 and a rise through could take it to the next resistance level of 1.3875. Today’s expected trading range is between 1.3750, support and 1.3900 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3815
Support 2: 1.3790
Support 3: 1.3750
Important resistance levels:
Resistance 1: 1.3860
Resistance 2: 1.3875
Resistance 3: 1.3900
GBP/USD buying opportunity for intraday trading on June 30, 2021
Buy near the support zones 1.3815 and 1.3790 as soon as you get a reversal candlestick pattern, using a stop loss 2 points below the low of the reversal candle, and keep the target equal to the stop loss.
GBP/USD selling opportunity for intraday trading on June 30, 2021
Sell near the resistance zones 1.3860 and 1.3875 as soon as you get a reversal candlestick pattern, using a stop loss 2 points above the high of the reversal candle, and keep the target equal to the stop loss.