GBP USD Technical Analysis 30 May 2022
The GBP rose 0.23% against the USD on Friday and closed at 1.2629. Today in the Asian session, while GBP USD Technical Analysis 30 May 2022, is preparing at 5:15 GMT, the GBP/USD is trading at 1.2647, which is 0.15% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2620 and a fall through could take it to the next support level of 1.2587 The pair is expected to find its first resistance at 1.2655 and a rise through could take it to the next resistance level of 1.2665. Today’s expected trading range is between 1.2555 support and 1.2700 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2620
Support 2: 1.2587
Support 3: 1.2555
Important resistance levels:
Resistance 1: 1.2655
Resistance 2: 1.2665
Resistance 3: 1.2700
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