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
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