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GBP USD Technical Analysis 8 July 2021

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GBP USD Technical Analysis 8 July 2021

The GBP declined 0.01% against the USD on Thursday and closed at 1.3800. Today in the Asian session, while GBP USD technical Analysis 8 July 2021at 4:45 GMT, the GBP/USD is trading at 1.3767, which is 0.25% lower against the USD from yesterday’s close.

The pair is expected to find support at 1.3775 and a fall through could take it to the next support level of 1.3750 The pair is expected to find its first resistance at 1.3800 and a rise through could take it to the next resistance level of 1.3840. Today’s expected trading range is between 1.3730, support and 1.3860 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.3750
Support 2: 1.3730
Support 3: 1.3670

Important resistance levels:

Resistance 1: 1.3800
Resistance 2: 1.3840
Resistance 3: 1.3860

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