GBP USD Technical Analysis April 3, 2023
The GBP declined 0.43% against the USD on Friday and closed at 1.2329. Today in the European session, while the GBP USD Technical Analysis April 3, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2365, which is 0.29% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2275 and a fall-through could take it to the next support level of 1.2220 The pair is expected to find its first resistance at 1.2395 and a rise-through could take it to the next resistance level of 1.2420. Today’s expected trading range is between 1.2190 support and 1.2450 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2275
Support 2: 1. 2220
Support 3: 1. 2190
Important resistance levels:
Resistance 1: 1.2395
Resistance 2: 1.2420
Resistance 3: 1.2450
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