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GBP USD Technical Analysis April 24, 2023

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GBP USD Technical Analysis April 24, 2023

The GBP rose 0.05% against the USD on Friday and closed at 1.2444. Today in the European session, while the GBP USD Technical Analysis April 24, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2436, which is 0.06% lower than the USD from yesterday’s close.

The pair is expected to find support at 1.2415 and a fall-through could take it to the next support level of 1.2370 The pair is expected to find its first resistance at 1.2455 and a rise-through could take it to the next resistance level of 1.2465. Today’s expected trading range is between 1.2355 support and 1.2545 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1. 2415
Support 2: 1. 2370
Support 3: 1. 2355

Important resistance levels:

Resistance 1: 1.2455
Resistance 2: 1.2465
Resistance 3: 1.2545

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