GBP USD Technical Analysis Aug 23, 2023
The GBP declined 0.17% against the USD on Tuesday and closed at 1.2732. Today in the European session, while the GBP USD Technical Analysis Aug 23, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2630, which is 0.80% lower 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 1.2600 The pair is expected to find its first resistance at 1.2690 and a rise-through could take it to the next resistance level of 1.2760. Today’s expected trading range is between 1.2690 support and 1.2795 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2620
Support 2: 1. 2600
Support 3: 1. 2590
Important resistance levels:
Resistance 1: 1.2690
Resistance 2: 1.2760
Resistance 3: 1.2795
EUR/USD Technical Analysis Aug 23, 2023
USD/JPY Technical Analysis Aug 23, 2023
USD/CAD Technical Analysis Aug 23, 2023