GBP USD Technical Analysis August 17, 2021
The GBP declined 0.10% against the USD on Monday and closed at 1.3841. Today in the Asian session, while GBP USD Technical Analysis August 17, 2021at 4:15 GMT, the GBP/USD is trading at 1.3773, which is 0.48% lower against the USD from yesterday’s close.
The pair is expected to find support at 1.3865 and a fall through could take it to the next support level of 1.3740 The pair is expected to find its first resistance at 1.3845 and a rise through could take it to the next resistance level of 1.3875. Today’s expected trading range is between 1.3720 support and 1.3885 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3765
Support 2: 1.3740
Support 3: 1.3720
Important resistance levels:
Resistance 1: 1.3845
Resistance 2: 1.3875
Resistance 3: 1.3885