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GBP/USD Technical Analysis August 15, 2018

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GBP USD Technical Analysis August 15 2018

The GBP declined 0.38% against the USD on Tuesday and closed at 1.2720. Today August 15, 2018 in the Asian session at 9:15 GMT, the GBP/USD trading at 1.2710, which is 0.07% lower against the USD from yesterday’s close.

The pair is expected to find support at 1.2627, and a fall through could take it to the next support level of 1.2550. The pair may find its first resistance at 1.2800, and a rise through could take it to the next resistance level of 1.2870.

 

GBP USD Technical Analysis August 15 2018

GBP USD Technical Analysis August 15 2018

The expected trend for today is Bearish

Supports Levels:

First Support: 1.2675

Second Support 2: 1.2627

Third Support 3: 1.2551

 

Resistance Levels:

First Resistance 1: 1.2800

Second Resistance 2:  1.2870

Third Resistance 3: 1.2920

 

Previous day`s high: 1.2826

Previous day`s low: 1.2703

EUR/USD Technical Analysis August 15, 2018

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